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At least 40 athletics departments, including some of the biggest in the country, are considering ... More Than 40 Athletics Pro

At least 40 athletics departments, including some of the biggest in the country, are considering establishing life-insurance policies on their boosters to help defray the rising cost of college sports, two companies with knowledge of the plans told The Chronicle on Monday.

The institutions -- which include two each from Atlantic Coast Conference, the Big 12 Conference, and the Southeastern Conference, as well as four from the Pac-10 -- got the idea from Oklahoma State University, which announced last month that it had secured $280-million for its athletics program by establishing $10-million life-insurance policies on 28 of its athletics boosters (The Chronicle, March 2).

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admin – Tue, 2007 – 04 – 24 11:00