While everyone was busy debating Notre Dame’s exclusion from the College Football Playoff (CFP) and arguing over the Pop-Tarts Bowl, the University of Utah was shaping the future of college athletics.

According to a report from Yahoo Sports’ Ross Dellenger, the University of Utah has entered into a $500 million partnership with a private equity firm to create a shared ownership of a for-profit entity that will operate the athletics business and financial functions outside the traditional university framework.

The deal is expected to be approved on Tuesday following the Utah Board of Trustees’ review.

The firm is Otro Capital, a New York-based sports private equity firm.

At the heart of the deal is a shared management group that will include an executive team from Otro Capital and athle

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