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
Southern Colorado remains in drought despite recent storms; NWS urges caution ahead of Fourth of July
COLORADO SPRINGS, Colo. (KKTV) – Recent rounds of heavy rain, hail and thunderstorms have brought much-needed moisture to southern Colorado, but experts say the storms have done little to ease the region’s ongoing drought.
Much of southern Colorado remains in moderate to exceptional drought, according to the latest U.S. Drought Monitor, with long-term moisture deficits continuing to impact soils and vegetation.
“A couple thunderstorms, a few days of off-and-on scattered rain, really isn’t going to do anything to fix that,” said Michael Garberoglio, a meteorologist with the National Weather Service in Pueblo.
Garberoglio said it will take widespread, sustained precipitation over weeks or months to significantly improve drought conditions.
“We need much more moisture over a much larger area for a much longer period of time to really start negating these exceptionally dry conditions we’ve been under,” he said.
The persistent drought is raising concerns ahead of the Fourth of July holiday, when many Coloradans are expected to celebrate with fireworks and outdoor gatherings.
“I really can’t understate the danger,” Garberoglio said. “It’s a very volatile situation. We just have not gotten enough water and it’s become frankly unsafe.”
He said fire danger can vary significantly from one location to another, even within the same county, meaning some areas remain dry enough for a single spark to ignite a wildfire.
“These fires can spread over multiple acres in just a couple of short minutes and can impact much more than anyone would initially expect,” Garberoglio said. “These little things can have months of impacts if people aren’t cautious.”
Garberoglio urged residents to follow local fire restrictions and guidance from emergency officials before using fireworks or participating in activities that could spark a fire.
“When you’re keeping things in mind and listening to the professionals, it’s not just for you, but you’re helping out your family, your neighbor,” he said.
Copyright 2026 KKTV. All rights reserved.
Colorado
Here’s the latest on fires burning in western Colorado
DENVER (KDVR) — Fast-moving fires in western Colorado, including on the Colorado-Utah border, continue to burn Sunday afternoon.
On the Colorado-Utah border, the Snyder Mesa Fire has burned over 28,000 acres as of Sunday morning, prompting evacuations in Mesa County, officials reported. At that time, the fire was 0% contained.
The Snyder Mesa Fire broke out sometime Friday evening or Saturday morning, according to the Upper Colorado River Interagency Fire Management Unit. Several fires, including the Knowles and Gore fires, combined on Saturday to form the Snyder Mesa Fire.
Three federal firefighters died and two were injured while responding to the Knowles and Gore fires on Saturday.
⬇️ Jump to: Live blog with updates below.
Ouray County has declared a state of emergency due to the Gold Mountain Fire. The fire sparked on Saturday on U.S. Forest Service land, according to the Ouray County Sheriff’s Office. The fire has triggered mandatory evacuation orders and roadway closures.
Ouray County officials reported the Gold Mountain Fire burned 560 acres as of 1:08 p.m.
Live Updates
Colorado
3 firefighters killed, 2 injured fighting wildfires near Colorado-Utah border
Three firefighters died and two were injured while tackling fires on the Colorado-Utah border, the U.S. Wildland Fire Service reported Sunday.
The agency — created earlier this year to streamline firefighting and fire reduction across public lands — said the firefighters had been part of an interagency response to the Knowles and Gore fires on Saturday.
“The U.S. Wildland Fire Service stands united with the USDA Forest Service in grief and in our unwavering support for the loved ones left behind. Their bravery, dedication, and sacrifice will never be forgotten,” it said in a statement on Facebook.
The agency said it would share more information when it is available to be released.
Wildfire activity has intensified across the western United States, as consecutive days of hot, dry and windy weather have fueled flames in Utah, Arizona and elsewhere as new fires popped up across the region.
The largest blaze, the Cottonwood Fire, was burning in rugged terrain in southwest Utah. It ballooned Saturday to more than 144 square miles (373 square kilometers) after marching through canyons and mountainsides, destroying part of a ski resort and other summer cabins along the way.
Authorities in Beaver County began working with fire teams on Saturday to assess the extent of the damage, but no estimates were immediately available. Gov. Spencer Cox in a post on social media called it bleak, but he thanked crews for what he called “several miraculous stops and saves.”
The cliffs and steep slopes have made the job even harder, said Alyssa Mason, a spokesperson assigned to the fire.
“It’s hard to get dozers and other heavy equipment into that. It’s hard to get engines into that,” she said. “It doesn’t make it impossible to firefight, but it does just kind of slow things down.”
Hundreds of firefighters have been arriving in the arid state to battle new starts as well as those that have been growing because of what forecasters called critical fire weather — dangerously low humidity levels, warm temperatures and gusty winds.
The danger is even higher this year because of Utah’s record-low snowpack and its warmest winter on record. Much of the West is grappling with similar conditions, according to the National Interagency Fire Center.
From Alaska to Florida, crews worked Saturday to corral dozens of fires, including three dozen that were classified as large and uncontained.
Nationally, nearly 3 million acres (1.2 million hectares) have burned since the start of the year. That is more than the 10-year average.
The conditions in Utah were critical enough for Gov. Spencer Cox to declare an emergency earlier this week and clear the way for the state to ban fireworks ahead of the July Fourth holiday. The order comes as Utah is experiencing one of the most severe wildfire seasons in recent history, fueled by historic drought conditions.
State officials said that over the past week, Utah has seen an increase in wildfire starts, with each fire showing unprecedented behavior. These starts have stretched the state’s wildland firefighting capabilities, State Forester Jamie Barnes said.
Colorado Gov. Jared Polis also declared an emergency on Saturday, and authorized the use of the National Guard to tackle the fires.
Forecasters with the National Weather Service over recent days have been issuing red flag warnings for a wide swath of the West, from California to Arizona and New Mexico.
South of Grand Canyon National Park, authorities said the flames of a new wildfire were moving away from Grand Canyon Village and the nearby community of Tusayan on Saturday. But about 50 miles (80 kilometers) away, another fire prompted Coconino County officials to issue evacuation orders for those near Kendrick Mountain.
Parts of northern Arizona were without power Saturday as the utility serving the area initiated a safety shut-off in hopes of lessening the wildfire risk.
Power shutoffs have become more common in the West as wildfire risk has expanded. It is usually a last resort after utility forecasters weigh factors like sustained wind and gust speeds, available fuels and topography.
With extreme fire conditions persisting in Utah, Rocky Mountain Power also shut off power lines serving Beaver County and other areas.
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