February 2, 2026
By Eben Novy-Williams, Sportico: The House Committee on Education and Workforce has asked the University of Utah to schedule a briefing to discuss the school’s plans to take money from a New York-based private equity firm.
The committee, which has jurisdiction over federal education policy, is examining the growing trend of schools seeking institutional partners to capitalize their athletic departments. The group is assessing whether legislative action might be needed to address concerns about the downstream impact of these deals.
In a letter sent to Utah president Taylor Randall on Monday morning, a copy of which was viewed by Sportico, the committee requested that the school share information regarding the details and motives behind its potential partnership with Otro Capital, which its trustees greenlit in December.
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