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☆ Raine details 3 themes driving its sports investing as it hunts for more deals
▼ + stars: | 2024-04-25 | by ( Lucia Moses | ) www.businessinsider.com time to read: +4 min

Raine was an early investor in DraftKings — which helped establish the US sports-betting sector — and has been investing at a rate of about three companies a year. Raine is looking to take stakes in leagues with rights they can monetize in various ways and invest in growing, founder-led companies. Raine says college sports still hold a big opportunity for outside investors, even if the structure of college athletics adds complexity. In 2019, Raine helped the Pac-12 Conference explore raising private equity (which it ultimately decided against doing). Raine also helped the PGA Tour raise $3 billion this year through a for-profit entity.

Persons: Joe Ravitch, Jeff Sine's, It's, Raine, Colin Neville, that's, Garrett Gomes, Raine isn't, Banks, JPMorgan Chase, Neville Organizations: Imagine, Business, Apple, Premiere Lacrosse League, RCX Sports, Private, Florida State, Sixth, JPMorgan, CNBC, PGA Locations: DraftKings, Florida

Florida State wants to move the venue to Florida and prefers the documents to be unsealed for transparency. Photos You Should See View All 60 Images“FSU is arguing that North Carolina is a more favorable jurisdiction for the ACC,” said ACC attorney James Cooney. The ACC initially sued the Florida State Board of Trustees in North Carolina in last December, asking a court to uphold the conference's grant of rights as a valid and enforceable contract after catching wind of a forthcoming Florida State lawsuit. The courtroom showdown comes just three days after Clemson, another member school, joined Florida State in challenging the ACC's right to charge hundreds of millions of dollars to leave the conference. The complaint filed in South Carolina said the ACC’s “exorbitant $140 million” exit penalty and the grant of rights used to bind schools to a conference through their media rights should be struck down.

Persons: CHARLOTTE, Judge Louis A, Bledsoe, ”, James Cooney, “, Bailey King, ” King, Rick McCullough, ” Clemson Organizations: Atlantic Coast Conference, Florida State, ACC, ESPN, FSU, ”, of Trustees, Big, Southeastern Conference, Notre Dame, SEC, Clemson, AP Locations: N.C, Mecklenburg County, Florida, Charlotte, Carolina, North Carolina, South Carolina

☆ March Madness: Top seeds for men and women’s 2024 NCAA basketball tournament announced for Selection Sunday
▼ + stars: | 2024-03-17 | by ( Jacob Lev | Issy Ronald | ) edition.cnn.com time to read: +8 min

The other top seeds for the NCAA Division I men’s basketball tournament are the Purdue Boilermakers, North Carolina Tar Heels and Houston Cougars. 2 seeds are Iowa State Cyclones, Marquette Golden Eagles, Tennessee Volunteers and Arizona Wildcats. Thirty-two teams automatically qualified in both the men’s and women’s tournament by virtue of winning their respective conference tournaments. Now that Selection Sunday is all but over, there are only two days for fans to fill out their brackets before the men’s tournament begins on March 19 and the women’s tournament begins the day after. Angel ReeseAngel Reese is another of the tournament’s biggest stars, following her crucial role in propelling LSU to its first ever women’s college basketball title last year.

Persons: Caitlin Clark, Martin, Zach Edey, Kirk Irwin, Barack Obama, George H.W, Bush, Jimmy Fallon, Yale Brigham, James Madison, Howard, Wagner, Saint, Tennessee Martin, Rice, Marshall Syracuse, Caitlin Clark Caitlin Clark, “ Clark, onomics ”, Steph Curry’s, Angel Reese Angel Reese, Matthew Holst, Reed Sheppard, Kentucky’s Reed Sheppard Organizations: CNN, Connecticut, South Carolina, NCAA, Purdue Boilermakers, North, Heels, Houston Cougars, Iowa Hawkeyes, Southern California Trojans, Texas Longhorns, Iowa State Cyclones, Marquette Golden Eagles, Tennessee Volunteers, Arizona Wildcats, Wildcats, Long, Long Beach State, Big West, bluebloods, Duke, SEC, Gamecocks, women’s, Heart, Presbyterian, Iowa, Hawkeyes, Louisiana State, Ohio State, Stetson, Northwestern, San Diego State, Alabama, Auburn, Yale, Yale Brigham Young, Duquesne, Washington State, South Dakota State, South Dakota State South Houston, Texas, . Vermont Texas Tech, NC, Boise State, Kentucky Midwest Purdue, Montana State, Utah State, Texas Christian, Gonzaga, Samford South Carolina, . Oregon, Creighton, Mississippi State, . Michigan, Charleston Clemson, Baylor, Colgate, Dayton, Albany South, Oregon State, Marquette, Notre Dame, Kent State, Albany Iowa, Princeton, Drake ; Kansas State, Portland Louisville, . Middle, ., UCLA, California Baptist, Portland Southern, Michigan, Vanderbilt -, Virginia Tech, Jackson State, Richmond ; Ohio, Maine, Portland Texas, Drexel, Florida, South, Cal Irvine Tennessee, ; North Carolina State, Chattanooga ; Iowa, Maryland, Stanford, NBA, WNBA, LSU, Big, Purdue Locations: South, North Carolina, Long Beach, bluebloods Kentucky, Kansas, Tennessee, Louisiana, Connecticut, Stetson ; Florida, San, Birmingham, Duquesne ; Illinois, Morehead State, Drake, South Dakota State South, Longwood ; Nebraska, Wisconsin, NC State ; Kentucky, Oakland, Florida, Colorado, Marquette, Grambling State, McNeese ; Kansas, ., Akron ; Texas, Virginia, Colorado State ; Tennessee, Peter’s West North Carolina, Mississippi, Saint Mary’s ( California, Canyon, Alabama, New Mexico, . Nevada ; Arizona, Albany South Carolina, . Michigan State ; Indiana, Fairfield ; Oklahoma, Florida Gulf Coast . Nebraska, Eastern Washington ; Mississippi, West Virginia, Drake ;, . Middle Tennessee State, . Nevada, Las Vegas, California, California Baptist Region, Portland Southern California, Christi ; Kansas, Vanderbilt - Columbia, Arizona ; Connecticut, Richmond ;, Drexel ; Alabama, Florida State ; Utah, South Dakota, ; North, Chattanooga ;, Norfolk, South Carolina

The heightened concerns over the RNC’s latest financial problems are just the tipping point in a yearslong struggle between Trump and the committee. Trump has asked allies and aides in the past why the RNC must remain neutral in the GOP presidential primary. Trump had previously endorsed both Gruters and Whatley for officer positions at the RNC, but both lost their respective bids. Still, two people familiar with Reed’s departure stressed that his move to the private sector was unrelated to the tensions between Trump and McDaniel. Trump and the RNC need each otherDespite the broader tensions that are playing out both privately and publicly, the Trump campaign and the RNC have a lot to gain from each other.

Persons: Donald Trump, Trump, Ronna McDaniel, McDaniel’s, McDaniel, Michael Whatley, Drew McKissick, Sen, Joe Gruters, Gruters, Whatley, — Susie Wiles, Chris LaCivita, What’s, Mike Reed, ”, —, “ They’ll, he’s, “ That’s, “ Organizations: CNN, Republican National Committee, Republican, RNC, South Carolina, Trump, North Carolina Republican, South Carolina Republican, GOP, Victory, White Locations: Lago, Florida

MIAMI LAKES, Fla. (AP) — Florida State won every game this season. 4 Florida State (13-0 ACC, No. 6 CFP) on Dec. 30 in the Orange Bowl after both programs felt like they deserved a chance to play for the national title. “I’m hurting for our players who have displayed a tremendous amount of resilience and response this season,” Florida State coach Mike Norvell said Sunday. Georgia and Florida State had one big difference.

Persons: Jordan Travis ’, “, Mike Norvell, —, Jaylan Ford, They’re, They’ve, Kalen DeBoer, DeBoer, Kirby Smart, “ You’re, ” Smart, Travis ’, Boo Corrigan, Norvell, Jordan Travis, ”, Travis, ” Travis, Jim Vertuno, Tim Booth Organizations: Florida State, Georgia, College Football, Orange, ACC, SEC, Seminoles, Alabama, Bulldogs, ., Ohio State, CFP, Mississippi State, North Alabama, ESPN, Florida, Louisville, AP Sports, AP Locations: MIAMI, Fla, Georgia, Florida, Michigan, Washington , Texas , Alabama, Florida State, ” Texas, ” Washington, . Georgia, Tennessee, Austin , Texas, Seattle

CHARLOTTE, N.C. (AP) — Florida State coach Mike Norvell said the possibility of leaving his unbeaten Seminoles out of the College Football Playoff shouldn't even be discussed. Florida State made things as difficult as possible on the CFP selection committee, using a dominant defensive performance to beat No. In all likelihood, Rodemaker would be ready to play should Florida State make the playoff, but even he has only started two games. Florida State also had 14 tackles for loss and 10 pass breakups. “I feel like we go out there and play for each other and we are a close-knit team,” Toafili said.

Persons: CHARLOTTE, Mike Norvell, Brock Glenn, “, ” Norvell, ” Lawrance Toafili, Glenn, Jordan Travis, Tate Rodemaker, Travis, Alex Mastromanno, Tatum Bethune, Jack Plummer’s, Plummer, Jeff Brohm, Ryan Fitzgerald, Braden Fiske, Fitzgerald, Fiske, Toafili, Norvell, ” Toafili, haven't, Rodemaker, ___ Organizations: Florida State, Seminoles, College, CFP, Louisville, Atlantic Coast Conference, Alabama, Southeastern Conference, Texas, Heisman, ACC, Cardinals, AP Locations: N.C, Florida, Georgia, Louisville

DAYTONA BEACH, Fla. (AP) — Jalen Warley scored 19 points, Jamir Watkins had 18 points and 11 rebounds, and Florida State beat No. Florida State (4-1) extended its NCAA record to 14 consecutive overtime victories. Florida State scored the opening nine points of overtime, highlighted by Baba Miller’s steal and fast-break dunk. Green added 12 points and De’Ante Green had 10 points for Florida State, which defeated UNLV in the semifinals. Florida State called a timeout with 18.3 seconds left before Watkins drove the baseline and threw an errant pass as time expired.

Persons: — Jalen Warley, Jamir Watkins, Baba Miller’s, Darin Green Jr, Green, De’Ante Green, Cody Williams, KJ Simpson, Chandler Jackson, Julian, Watkins, Iona, ___ Organizations: DAYTONA, Florida State, Sunshine, NCAA, Seminoles, UNLV, Buffaloes, ., . Florida State, Buffs, Richmond, Simpson’s, NEXT Colorado, Sunday . Florida State, Georgia, ACC, SEC, AP Locations: Fla, Colorado, Destin , Florida, Florida, . Florida, Sunday

4 Florida State clinched a spot in the ACC Championship game with a 24-7 win over Pittsburgh on Saturday. Travis hit tight end Markeston Douglas for a 22-yard touchdown midway through the third quarter to give Florida State a 10-point lead. Florida State, fourth in the initial College Football Playoff ranking, won its 15th straight game. It did not come easy on a day the Seminoles played without leading receivers Keon Coleman and Johnny Wilson. The most costly miscue came in the third quarter with Florida State leading 10-7.

Persons: — Jordan Travis, Travis, Markeston Douglas, Trey Benson, Keon Coleman, Johnny Wilson, Wilson, Coleman, Douglas, Ja'Khi Douglas, Benson, Mike Norvell's, Christian Veilleux, Notre, Pitt, Ben Sauls, Gavin Bartholomew, Pat Narduzzi's, Pitt didn't, —, Seminoles didn't, Doak Campbell, ___ Organizations: PITTSBURGH, Florida State, ACC, Pittsburgh, Seminoles, Panthers, Pitt, Notre Dame, The Panthers, Florida, archrival Miami, Doak, Syracuse, Yankee, AP Locations: Charlotte, Florida, makeable, Norvell's, Tallahassee, New York City

☆ Florida's Board of Education is forcing state colleges to fire employees who don't use bathrooms of their assigned sex at birth
▼ + stars: | 2023-08-23 | by ( Chris Panella | ) www.businessinsider.com time to read: +2 min

Florida's State Board of Education approved new bathroom restrictions for college employees on Wednesday. The rule says colleges should fire employees who don't use the bathroom of their assigned sex. AdvertisementAdvertisementFlorida's Board of Education voted to approve the rule during a meeting on Wednesday, which was live streamed on The Florida Channel. The Florida state college system, which includes 28 public community and state schools and serves nearly 650,000 students, is separate from the state university system, which includes the University of Florida and the University of Central Florida. Florida state colleges include Broward College, Gulf Coast State College, and North Florida College.

Persons: Ron DeSantis, Bill, DeSantis Organizations: of Education, Service, Florida State, Florida Gov, Education, Florida Channel, University of Florida, University of Central, Broward, Gulf Coast State College, North Florida College . Florida, GOP, Republican Locations: Florida's, Wall, Silicon, Florida, University of Central Florida . Florida, Broward College

☆ Miami's popular Republican Mayor Suarez weighs GOP challenge to Trump for White House in 2024
▼ + stars: | 2023-03-08 | by ( Brian Schwartz | ) www.cnbc.com time to read: +5 min

Miami's popular Republican Mayor Francis Suarez has been privately holding court with wealthy political financiers as he considers challenging former President Donald Trump for the GOP nomination in 2024, according to party fundraisers and donors familiar with the matter. Since late last year, Suarez has been privately laying the groundwork for a possible run for the White House. If Suarez enters the presidential primary, he follows another popular mayor who made a longshot run for the White House. The apparent feud between DeSantis and Suarez could come to a head if both run for president in 2024. The Miami mayor will be back in New York in April holding similar meetings, the fundraisers said.

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