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Four chambers of commerce, from Venice to Lakewood Ranch, warn of the fallout of losing a USF campus in the Sarasota-Manatee region.
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Redbird Capital and Tampa-based Weatherford Capital, as part of their Collegiate Athletic Solutions partnership, will provide a $12.5 million infusion and help create more commercial revenue for the Big 12.
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The panel is examining more oversight of agents working for student-athletes, limiting transfers and exempting schools from federal antitrust laws to shield them from lawsuits on compensation.
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Vice Chair Mike Griffin, known as "Mr. USF," will lead the board, pending elections. Weatherford, who will remain as trustee, led the panel during a period of unprecidented institutional growth.
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Chris Mack stood out so strongly among dozens of interested candidates that USF "proactively" pursued him. Within days, he has shown the required "relentless obsession" as he recruits "everyday guys."
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Gov. Ron DeSantis wants the 32-acre Sarasota-Manatee campus of USF to be given to New College of Florida, where he installed a new board of trustees in 2023.
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The arrangement with Collegiate Athletic Solutions, a platform co‑founded by Tampa‑based Weatherford Capital, would give each school access to a $30 million line of credit while supporting conference operations.
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USF alum Rob Higgins, who successfully led the Tampa Bay Sports Commission for two decades, shows his passion and commitment in an introductory "celebration."
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Weatherford Capital is one of two firms creating a platform to help athletic departments find funding with college sports on the verge of sweeping change that could have long-term financial implications.
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The University of South Florida is one of many schools forced to phase out diversity, equity, and inclusion offices thanks to a new state law. But USF officials say the school will remain diverse.
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Chair Will Weatherford said "it's our obligation as a public university to uphold the constitutional right of free speech and open dialogue" following recent Pro-Palestinian rallies on USF's campuses.
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Students at USF rallied outside a Board of Trustees meeting Tuesday to protest House Bill 999, effectively ending all diversity, equity, and inclusion initiatives on state college campuses.