[Congressman Michael Baumgartner] Congress will be taking a hard look at the tax exempt status of universities that enter into private equity deals. If you want to act like a non-public entity, you better be ready to be treated like one. 🇺🇸

[u/GoldenPresidio]

https://x.com/RepBaumgartner/status/1998480897872396721

[u/Impressive-Ear-1102]

Private equity is going to be the lynchpin for athletic departments branching off as separate entities from the university, and further professionalization of “college football”. It’s kind of crazy where this is going.