Private equity eyes college sports; George Finn, senior transactional attorney at Rose Law Group who handles NIL deals for athletes, calls it a “transformative moment.”

Private equity keeps inching closer to college sports, and now has a bit more certainty around its modeling. Driving the news: A federal judge on Friday approved a settlement that sets the stage for schools to pay their student-athletes. Each school will be allowed to share up to $20.5 million in revenue, mostly with football players. That cap is expected to …