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Noles News: New report details FSU’s pursuit of private equity partner

Related Topics: Eric Menell, Chris Vannini

I am extremely blessed to receive an offer from Florida state university!!@FSUFootball Thank you to @dyray22 and the rest of the coaching staff for believing in me!!. #GoNoles #fearthespear !! @_Vc_209 @BrandonHuffman @PGregorian @RDIUnite @MCHSFootball @247Sports pic.twitter.com/q5jrF2cv1N

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As the legal battle between the ACC and Florida State heats up, sports business outlet Sportico is reporting that the university has been seeking private equity funding for its athletics department since 2022:

The private equity talks were internally nicknamed “Project Osceola”—after the famous Seminole leader and FSU mascot—and they appear to center on the creation of a NewCo to house commercial rights from the school’s athletic department.