Connect with us

Colorado

Colorado sought NIL funding from Saudi Arabia’s PIF in unpreceded move

Published

on

Colorado sought NIL funding from Saudi Arabia’s PIF in unpreceded move


Deion Sanders and his Buffaloes staff have been at the forefront of innovative business ideas during his tenure with Colorado. As it turns out, NIL funding is no different.

After resigning as CU’s special teams coordinator on August 1st, Trevor Reilly went on the record about trying to pull in funding for the school’s 5430 NIL collective. He expressed to Sports Illustrated that there were no bad feelings between anyone with the program, but rather he was at odds with a few people in Colorado’s administration.

Reilly said he spent time in the Middle East this past holiday season lobbying Saudi Arabia’s Public Investment Fund (PIF) for Name, Image, and Likeness (NIL) funding on behalf of CU Football. A copy of what Reilly says was in his resignation letter to CU athletic director Rick George and Sanders was reviewed by Sports Illustrated.

“The arrangement was that, because I did all the NIL work at Jackson and got us through, you guys would pay me a modest salary and make me the Special Teams Coordinator, which should have freed up time for me to handle NIL activities,” Reilly wrote.

Advertisement

“You paid me $90,000 a year and let me handle special teams. I did all this work in your name and was told to pursue it. I burned through all my contacts in my Mormon community, which is worth about $3 trillion. Now, I can’t get these people to answer my calls because I just found out today that none of my endeavors will happen.

“I even went to Saudi Arabia and got a meeting with the Saudis, who were interested in pursuing business. I have email receipts to prove it, and you guys let it fall flat on its face.”

Reilly said he acted on his own accord trying to pull in donors. “I did nothing illegal and was trying to help Colorado the best way I knew how.” Sports Illustrated reached out to Colorado Athletics who didn’t comment on Reilly’s trip to the Middle East.

Some of these “outside the box” concepts are small. Earlier this week, 99-year-old CU legend Peggy Coppom received a one-of-a-kind NIL deal for a “I Ain’t Hard to Find Too” Blenders sleeve. Some players outside the bigger names secure deals with local businesses. But it’s about finding additional funding that will level the playing field for programs like Colorado against powerhouses like Georgia, Alabama, Ohio State, and Texas. This could signal the largest outside the box thinking pertaining to NIL funding that anyone has considered. Regardless of fanbase size, boosters and donors efforts, it’s an untapped resource. A supply that could bury the financial abilities of the stronger programs in the country.

It has seemed that Coach Prime’s staff has been busy looking for ways to compete with the larger NIL deals that would seem unlikely from Colorado. That is until considering an option that is not only outside Colorado, it’s outside the borders of America. Reilly on behalf of Colorado considered entering into a partnership with the PIF, which is one of the largest sovereign wealth funds in the world. The wealth of riches is near or exceeding one trillion dollars in value. That is a number that levels the playing field immediately and without question or hesitation. CU being funded for NIL through the PIF would render all of those larger programs’ numbers to be inconsequential.

Advertisement

If this sounds crazy, it’s really not. The Saudi government owns multiple international professional soccer clubs outright, along with stakeholder rights in many others, including Chelsea and Newcastle United. They are also the lead backer for LIV Golf, who previously attempted to buy the PGA Tour and partners in ATP, and Formula One.

Just imagine what Shedeur Sanders and Travis Hunter’s NIL valuations would be with that kind of backing. Even better, imagine what it might look like for the significant contributors who are not named Sanders or Hunter. This could be the sledgehammer that allows Colorado to break through the glass ceiling that would allow them to compete dollar for dollar with the bigger more consistent programs of the Power four.

Where this gets interesting is how it will be received by the masses. To Reilly’s point, there is nothing illegal, ill advised, or even frowned upon. When it comes to NIL, the money has to come from somewhere. In this particular case, it just so happens to not come from someone inside of Colorado. Would it be better if CU alums, boosters or other Colorado interests were the ones funding the NIL deals? Yes. The only question is how will this land for the individual fan.

Rich Eisen was one of the people who was not pleased with the PIF buying into the sports world outside of their own national interests.

“This is Saudi Arabia buying the PGA Tour,” Eisen said on his show. “And also buying the lawsuits going between both entities, the LIV golf tour and the PGA Tour, and dropping those lawsuits. That’s what this is about. The Saudi Prince doesn’t want to be deposed. This has been explained to me by multiple people. How it comes across can be expressed in two words. It stinks. It stinks to high heaven, that’s five words…

Advertisement

“Jay Monahan is quoted as saying ‘LIV is using players and the game of golf to sports wash the recent history of Saudi atrocities.’ And today, what Saudi atrocities? Poof. Gone. How does Rory McElroy feel today? Tiger Woods, who turned down almost a billion dollars? I’m just saying, the Saudis own Golf. Period. End of story. That, for the sports world, is an atrocity.”

Some people will say these are the rules of the game (NIL) and CU is operating within that scope of rules. Others will look at this from a political standpoint and will resist the idea that this is going to be the new normal. Some might even argue that NIL should come only from an American interest. However, if that is how the model should continue, NIL will never be ‘fair’.

If funding NIL deals can only come from the university, sponsors, boosters and alumni, it will never actually be fair. Similar to other unbalanced dynamics in college football, the big dawgs will continue to win hand over fist, while the other 70 percent of college football will have to make due with table scraps. Good, bad or otherwise, NIL funding through the PIF would completely change that dynamic with the snap of the fingers. Don’t forget, If Colorado were to secure funding from the Kingdom of Saudi Arabia, it would be an unprecedented move for college athletics.



Source link

Advertisement

Colorado

Colorado mom accused of killing 2 kids, fleeing to UK arrives back in US to face murder charges: ‘Momentous day’

Published

on

Colorado mom accused of killing 2 kids, fleeing to UK arrives back in US to face murder charges: ‘Momentous day’


A Colorado mom who is accused of stabbing her two young children to death and then fleeing the country after trying to frame her ex-husband finally arrived back in the US on Tuesday — almost two years after she was arrested in the UK.

Colorado District Attorney Michael Allen announced Kimberlee Singler’s return to the US during a somber press conference Tuesday afternoon. The 36-year-old faces two counts of first-degree murder and life behind bars if convicted.

“It’s a momentous day today,” Allen said, adding that her return “marks the first step in the criminal justice process.”

Colorado mom Kimberlee Singler was extradited back to the US this week. COLORADO SPRINGS POLICE

Singler is accused of killing her 9-year-old daughter and 7-year-old son and slashing her 11-year-old daughter amidst a bitter custody battle with her ex-husband on Dec. 18, 2023.

Advertisement

Her ex had recently been awarded more parenting time and his sister had been due to pick the three children up for the holidays two days before the slayings — but Singler refused to hand the kids over.

The husband’s lawyer then got a court order on Dec. 18, the day of the gruesome stabbings, for her to exchange the children two days later.

The mom called cops just after midnight on Dec. 19, claiming someone had burglarized the family’s Colorado Springs apartment. When police arrived, they said they found her two youngest children dead and her eldest injured.

Singler allegedly killed her daughter, 9-year-old Elianna “Ellie” Wentz. Law Office of Jennifer Darby, LLC

Singler then told police that her ex-husband “had previously dreamt about killing his family” and that he was “always trying to ‘frame her’ and ‘get her arrested’ and to have the kids taken away from her,” Judge John Zani at Westminster Magistrates’ Court said in his January ruling when he rejected the challenge to her extradition to face murder charges.

A warrant was issued for her arrest mere days after the slaying, but she’d fled the country by then.

Advertisement

Singler’s extradition from the UK had repeatedly been stalled due to challenges ever since she was arrested in London on Dec. 30, 2023, less than two weeks after she allegedly killed her 9-year-old daughter and 7-year-old son.

She tried to argue that her extradition would violate the European human rights protections on the basis that a potential first-degree murder conviction would slap her with an automatic life-without-parole sentence, per Colorado law.

Singler is also accused of murdering her 7-year-old son Aden Wentz. Law Office of Jennifer Darby, LLC

An eleventh-hour appeal was rejected in November, clearing her long-awaited extradition.

Allen, meanwhile, reiterated the importance of granting her eldest daughter, now 13, and her distraught family the privacy they desperately need.

The sole survivor previously recounted the moment her disturbed mother led her and her siblings to their bedrooms while muttering that “God was telling her to do it or their father was going to take them away.”

Advertisement

Singler faces seven first-degree charges for murder, attempted murder, and first-degree assault, Allen said.



Source link

Continue Reading

Colorado

Where did Colorado’s wolves spend time in December? 

Published

on

Where did Colorado’s wolves spend time in December? 


While some of the wolves are part of Colorado’s four packs establishing territories in Pitkin, Jackson, Routt and Rio Blanco counties, others continue to search the landscape for mates and suitable food sources and habitat. 

Largely, however, wolf exploration of Colorado remains within similar northern counties in December, according to the latest wolf activity map shared by Colorado Parks and Wildlife on Dec. 23. 

The map — which shows the watersheds where the state’s collared gray wolves were located between Nov. 25 and Dec. 19 — shows that wolves continue to be most active in the northwest, while  also pushing into watersheds to the south and east. 



While the map continues to show activity in some Front Range area watersheds within Larimer, Denver, Boulder and Jefferson counties, the agency reported that “no wolves have crossed I-25 or spent time near urban centers.” 

Advertisement

If a watershed is highlighted, it means that at least one GPS point from one wolf was recorded in that watershed during the 30 days. GPS points are recorded every four hours or so. The latest map also shows activity in Routt, Rio Blanco, Eagle, Jackson, Larimer, Grand, Summit, Gilpin, Clear Creek, Park, Lake, Chaffee, Gunnison, Garfield, Saguache, Rio Grande and Conejos counties.   



While wolves have been exploring southern watersheds for months, Colorado saw its first wolf enter New Mexico and be returned by the southwestern state’s wildlife agency in December. Colorado has an agreement with Utah, New Mexico and Arizona in which any gray wolves from Colorado that enter these three states can be captured and returned to Parks and Wildlife. 

According to Parks and Wildlife, the male gray wolf was among those born to the Copper Creek pack in 2024 and dispersed from the pack in the fall. Dispersal is common for young wolves as they leave their birth pack, attempt to make it on their own and search for a mate. The animal was released in Grand County — a decision that sparked concerns from state and local elected officials as well as some wildlife advocates — in a location reportedly distanced from livestock and near to an unpaired female wolf as well as prey populations.  

The watershed map shows that there was wolf activity in Conejos County along the New Mexico state border. It also shows wolf activity brushing up against the Wyoming border. Parks and Wildlife does not have an agreement with its northern neighbor. Instead, wolves that enter Wyoming lose their protections as an endangered species and can be hunted in the vast majority of the state. Three of Colorado’s reintroduced wolves have died after going north. 

Colorado is nearly two years into its reintroduction of gray wolves, releasing a total of 25 wolves. Four packs had pups this year, but Parks and Wildlife has not released minimum counts of new wolf pups for all the packs. It says it will release the count in its annual wolf report, released each spring. Eleven wolf deaths have been confirmed. 
While the agency was looking to conduct its third year of wolf releases in the southwest this winter, Parks and Wildlife has yet to secure a source of wolves. The agency had planned to return to British Columbia; however, the federal government, under a new director, said it could no longer import the wolves from outside the country.

Advertisement





Source link

Continue Reading

Colorado

Opinion: Colorado must invest in evidence-based policies to prevent harm from substances, not costly criminalization

Published

on

Opinion: Colorado must invest in evidence-based policies to prevent harm from substances, not costly criminalization


Across the nation, the opioid epidemic has wreaked havoc on the health and lives of far too many, and Colorado is no exception. According to Mental Health America, Colorado ranks fourth and seventh in the country for adults and youth with substance use disorders, respectively. That means thousands of our friends, neighbors and loved ones are living with addiction and can’t get the help they need. Overdose deaths in Colorado have risen sharply since 2019, largely due to the proliferation of fentanyl, with 1,603 deaths in 2024 alone, according to the state. 

It’s a public health crisis, and one we’re now at risk of making even worse. Last month, supporters turned in signatures to send Initiative #85 to the 2026 ballot, a measure that would increase criminal penalties for fentanyl crimes. We feel this threatens to drag us backward toward the failed policies and practices of the past rather than working toward a healthier future.

At the same time, state and federal funding for treatment and prevention is drying up. The recently passed federal spending bill HR1 will mean devastating changes to Medicaid, gutting the single most important source of funding for substance use treatment in the country. For the past several years, as more states have expanded Medicaid under the Affordable Care Act, Medicaid has emerged as the leading source of coverage for addiction treatment in the nation. 

A recent Brookings study found that nearly 90% of treatment for opioid addiction is paid for, at least in part, by Medicaid. These cuts will leave our already strained systems unable to meet the growing demand, particularly for low-income and disabled individuals who will have fewer treatment options and more barriers to care. 

Advertisement

Meanwhile, Colorado faced a $1.2 billion budget shortfall this year, and even more deficits are on the horizon for 2026. The state is stuck in a cycle of annual budget shortfalls of roughly $1 billion, making it increasingly difficult to cover existing programs and skyrocketing Medicaid costs. That means fewer resources to fill in federal funding gaps, a fraying behavioral health safety net, and an increasingly stressed population that is highly vulnerable to substance use and harm. 

Given this grim picture, it’s never been more critical to prioritize smart, effective policy to combat the overdose crisis. We should be focusing our scarce funding on evidence-based substance use prevention, treatment and recovery support, not costly, ineffective drug war criminalization policies that are historically discriminatory in their implementation and proven to fail. 

Mitigating and reversing the drug addiction crisis in Colorado and across the nation is complex and has to involve multiple strategies working in tandem to decrease supply and demand. While increasing criminal penalties related to drug addiction among individuals may seem like a tough-on-crime approach, it has not and will not resolve the drug addiction crisis nor dissolve the supply or the demand for illicit drugs.

Decades of data show that criminalizing substance users doesn’t reduce addiction or overdose. Recently, researchers at the University of Colorado Anschutz found the following: “Intensified drug enforcement laws have little deterrent effect on substance use and may worsen health outcomes. Fear of being arrested fosters riskier substance use behaviors and increased overdose risk. Incarceration and the subsequent stigma experienced by people with substance use disorder work in tandem to create barriers for treatment access and worsen mental health, creating a structurally reinforced cycle of isolation.” 

The research is clear. Harsh penalties haven’t protected our communities from the dangers of fentanyl. They have only compounded harm and pushed people deeper into the shadows, making it harder to seek help, and saddling individuals with felony records that create lifelong barriers to employment, housing, and recovery. 

Advertisement

Policies like the proposed 2026 ballot measure to increase felony charges for drug possession are not just misguided — they cost taxpayer dollars. They further overburden law enforcement agencies, flood jails, courtrooms and prisons that are already beyond their capacity, and ultimately do nothing to address the core of the opioid epidemic.

Instead of doubling down on punishing people who use substances, we need to expand what works: prevention programs in schools and communities, access to harm reduction tools like naloxone, and a robust continuum of care that includes outpatient and residential treatment. We need more support for peer recovery professionals, more public education and more investment in what keeps people healthy, which includes housing, food security and opportunities for connection. We need to act together, with assertive intelligence, to disrupt the black market drug trafficking that is the enemy of the people.

The opioid crisis is a public health crisis and demands a public health response. Colorado has the knowledge, data and tools to build a more effective and compassionate system. But we cannot do it if we are bleeding out resources to punitive policies that fail the people they claim to help.

Let’s not go backward. Let’s invest in health and safety and give Coloradans a real chance at recovery.

Vincent Atchity, of Denver, is the president and CEO of Mental Health Colorado.

Advertisement

José Esquibel, of Jefferson County, is the former vice chair of the Colorado Substance Abuse Trend and Response Task Force.


The Colorado Sun is a nonpartisan news organization, and the opinions of columnists and editorial writers do not reflect the opinions of the newsroom. Read our ethics policy for more on The Sun’s opinion policy. Learn how to submit a column. Reach the opinion editor at opinion@coloradosun.com.

Follow Colorado Sun Opinion on Facebook.



Source link

Continue Reading

Trending