Colorado
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.
“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.
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…
“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.
Colorado
Fire crews knock down wildfire that prompted evacuations in northern Colorado
Fire crews are extinguishing hot spots on a wildfire in northern Colorado that prompted evacuations early Wednesday for people living near Carter Lake in Larimer County.
The Cougar Run fire was estimated at about 3 1/2 acres at about 8:30 a.m., down from an earlier estimate of 10 acres, according to the Larimer County Sheriff’s Office. The cause for the fire, which is burning on state land, remains unknown.
The mandatory evacuation remained in effect as crews continue to work but were lifted at about 10:30 a.m., the sheriff’s office said.
Voluntary evacuations were also being urged for residents in the area of Blue Mountain and Spring Valley, west of Carter Lake, the agency said.
Crews from the sheriff’s office, the state’s fire division and Berthoud and Loveland fire departments are on scene, the sheriff’s office said. A helicopter was ordered.
Fire restrictions are in effect for areas below 9,000 feet in unincorporated parts of Larimer County, barring uncontained open fires and smoking in open areas, such as trails and open spaces.
“Elevated to critical fire weather” is expected across the lower Front Range foothills and Interstate 25 corridor Wednesday due to warm, dry and breezy conditions, according to the National Weather Service. Moisture is expected to lower fire risk starting Thursday and through the weekend, with daily chances of showers and thunderstorms, the service said.
A separate fire that sparked northwest of Boulder grew to about 2 acres before crews stopped its progress earlier Wednesday. An evacuation warning was issued for the Goat Trail fire just before 4 a.m.
Colorado
Denver Silent Film Festival highlights upcoming feature film
Denver Film is hosting its Silent Film Festival beginning Friday, including eight feature films and 11 shorts with live musical accompaniment.
Howie Movshovitz, Programmer for the Denver Silent Film Festival, joined CBS Colorado in the studio on Tuesday to highlight the film “Queen Kelly” and share what festivalgoers have to look forward to.
In the film “Queen Kelly”, produced in 1928-1929, a convent girl is abducted and seduced by a prince betrothed to a mad queen, an event that drastically changes the course of her life.
“People talk about ‘Queen Kelly’ as a restoration, but it isn’t because it was never finished. In 1928, Gloria Swanson got together with her producer/lover Joseph Kennedy, father of JFK, and they got together with Eric von Stroheim, a celebrity director, and they went to make Queen Kelly. And about halfway into it, Gloria Swanson fired him,” Movshovitz said.
He said that it’s unlikely the three of them would have been able to get along. Although the film was incomplete, he says there have been many attempts to restore it.
“A man named Dennis Doros and his partner/wife, Amy Heller, at Milestone Films did a reconstruction of it, and then a reconstruction of it. It’s been done a number of times, and this is the most recent,” Movshovitz explained. “They work from script. They work from outtakes, the visual quality of what von Stroheim shot, he was a genius, is fabulous. But it’s, of course, an imaginative response to a 1929 movie.”
Movshovitz says the love of silent films is not just about nostalgia.
“There are many films that are utterly brilliant, utterly fabulous, and still work perfectly well today,” he said. “So, it’s a kind of film that people don’t look at very much, but it doesn’t need sympathy, it doesn’t need nostalgia. It needs people to understand that, just as we read old books and don’t think of them as old books, silent film has its own majesty.”
Watching silent films with musical accompaniment makes the experience unique, said Movshovitz, adding that the festival has a skilled group of musicians performing.
The Denver Silent Film Festival runs from April 10-12 at the Sie Film Center in Denver. Click here to learn more about the featured films and to purchase tickets.
Colorado
Colorado’s New Speed Cameras Can’t Be Outsmarted by Waze or Radar Detectors for Good Reason
- Colorado has launched an automated speed camera program on a stretch of I-25, where cameras calculate average speed versus a single instant reading.
- The cameras make radar detectors and alerts from apps such as Waze obsolete, but they’ve greatly reduced excessive speeds in high-risk areas like work zones.
- Violators face a $75 fine mailed to their registered address, with no points added to their license; vehicles without license plates can evade fines.
Since 2023, the Colorado Department of Transportation has had the power to implement speed cameras in what it deems high-risk corridors where speeding is prevalent, such as work zones. The Colorado Speed Enforcement Program has been used in the past to better patrol a stretch of Colorado Highway 119 between Boulder and Longmont during construction, and it’s now popping up along a stretch of I-25 south of Fort Collins, about 35 miles north of Denver, where workers are adding new express lanes.
Speeding in construction zones has obvious dangers for drivers and workers, as well as law enforcement. Using automated detection is easier and safer than trying to patrol construction zones, which tend to have narrow lanes and little or no usable shoulders.
Enforcement for the five-mile corridor began on April 2. Prior to that, there was a 30-day warning period during which would-be violators received a notice but no fine by mail. Before monetary penalties went into effect, CDOT saw a 90 percent reduction of excessive speed in the targeted zone.
Waze May Not Help
Alerts from apps like Waze that warn you to slow down for speed cameras won’t necessarily save you from a fine here. Instead of taking an instant speed reading at one location like radar-based units, the system uses pairs of cameras—officially automated vehicle identification systems—set a distance apart that snap photos of each car, specifically its license plates. Average speed over the stretch is then calculated using the time it took to cover the known distance.
If that average is over the posted speed limit—some outlets are reporting a grace threshold of 10 mph—a bill of $75 for the civil penalty will be mailed to the vehicle’s registered address. In part because the system doesn’t know who was driving at the time, the owner and driver do not receive points on their license. CDOT says most of the revenue collected goes back into funding the Speed Enforcement Program.
The cameras are marked and preceded by warning signs set at least 300 feet up the highway. If you happen to be speeding when passing the first photo location, you still have a shot at avoiding a fine. As long as you slow down enough before reaching the next camera, you can bring the average down to something legal.
License Plates Required
Unfortunately, this is yet another incentive for drivers in Colorado to run their cars without license plates or skip registering them at all (ahem, sovereign citizens), which is already a big problem in the state. License-plate readers used to enforce express-lane tolling have the same issue. We have contacted CDOT to ask what happens if a vehicle without a license plate speeds through the enforcement zone; we’ll update this story if we hear back.
➡️ Skip the lot. Let Car and Driver help you find your next car.
Shop New Cars Shop Used Cars
Ever since David was a wee Car and Driver intern, he has kept a spreadsheet listing all the vehicles he’s driven and tested. David really likes spreadsheets. He can parallel-park a school bus and once drove a Lincoln Town Car 63 mph in reverse. After taking a break from journalism to work on autonomous vehicles, he’s back writing for this and other automotive publications. When David’s not searching for the perfect used car, you can find him sampling the latest in gimmicky, limited-edition foodstuffs.
-
Atlanta, GA4 days ago1 teenage girl killed, another injured in shooting at Piedmont Park, police say
-
Movie Reviews6 days agoVaazha 2 first half review: Hashir anchors a lively, chaos-filled teen tale
-
Culture1 week agoDo You Know Where These Famous Authors Are Buried?
-
Georgia1 day agoGeorgia House Special Runoff Election 2026 Live Results
-
Pennsylvania2 days agoParents charged after toddler injured by wolf at Pennsylvania zoo
-
Entertainment7 days agoInside Ye’s first comeback show at SoFi Stadium
-
Milwaukee, WI2 days agoPotawatomi Casino Hotel evacuated after fire breaks out in rooftop HVAC system
-
Indianapolis, IN6 days agoFighting Illini begin Final Four preparations in Indianapolis
