U.S. Fans Abound For WWC Final LeBron Praised For Role In Apatow's "Trainwreck" MLS Eyeing St. Paul For Expansion Club Angels Bad PR Continues With Dipoto Exit NBA Free Agency Begins With Money Flying Expectations High For NASCAR On NBC NBC Lands New Advertisers For Race Coverage Going Off The Grid Steelers Exploring '23 Super Bowl Bid GT To Benefit Financially From Ireland Game
Learfield Sports Sells Majority Stake To Shamrock Capital Advisors
Published December 2, 2011
Clyde Lear, who founded Learfield in '72 and had previously owned a majority share, will retain a minority share along with Brown and three other Learfield senior execs who have an ownership stake. A five-person board will be installed to oversee Learfield, with three of the positions going to Shamrock. The multimedia rights holder with HQs in Jefferson City, Mo., has 48 schools, most notably blue-chippers Alabama, North Carolina, Oklahoma and Penn State, as well as the Big Ten and Missouri Valley conferences, making Learfield one of the two most prevalent college rights holders, along with IMG College. Learfield also has marketing rights at Rupp Arena and the KFC Yum! Center. The company will make a formal announcement on Monday.