Team owners across the sports ecosystem borrow money to fund the purchase of clubs, cover operational expenses and build new venues. The bank loans or private placements…
The University of Illinois’s athletics department has borrowed $32.5 million from the university system to renovate its basketball practice facility. The loan, issued in…
As college football sputters its way through this unusual 2020 season, schools are confronting heavy revenue shortfalls. Athletic departments across the country are…
The New York Mets are seeking to extend their existing credit facilities for one year, giving the team’s owners a cushion while they seek a buyer amid a pandemic, two…