LSU explores private investment to develop new athletic revenue stream

LSU is reportedly considering a plan to engage private investors for nearly $100 million to create a new revenue-generating company. This initiative aims to manage income from broadcasting rights and is being discussed as a potential for the school's athletic program. According to sources, one investor could receive a 9% stake in the business, as well as a share of profits. The strategy could yield continuous financial support that may also benefit academics and campus life. The project is still in exploration stages and may take years to finalize.

• 3:00 PMYahoo Sports — Reports: LSU ready to dip their toe in private money game