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University of Utah nears deal with private equity firm to help fund athletics. Here’s what it means for the Utes.

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University of Utah nears deal with private equity firm to help fund athletics. Here’s what it means for the Utes.


The U.’s board of trustees will vote on the matter Tuesday.

(Rick Egan | The Salt Lake Tribune) Rice-Eccles Stadium on Saturday, Sept. 6, 2025.

Facing rising costs in college sports, the University of Utah hopes to put the future of its athletics department’s finances in the hands of a new for-profit company backed by a private equity firm.

The U.’s board of trustees will vote Tuesday on whether to approve the deal involving New York private equity firm Otro Capital.

The proposal calls for the creation of Utah Brands & Entertainment, a company to oversee the athletics department’s revenue sources. Otro Capital would be the minority owner of Utah Brands and handle operations such as ticket sales, media, stadium events, concessions, and trademark and licensing matters.

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The U., through its nonprofit University of Utah Growth Capital Partners Foundation, would have majority ownership of the company and Utah Athletic Director Mark Harlan would serve as the chairman of its board. The athletics department would continue to oversee student athletes and their scholarships, coaches, fundraising and NCAA compliance.

Otro describes itself as a company with “deep expertise across sports, entertainment, and media.”

University officials have declined to say how much Otro Capital plans to initially invest because the deal has not been finalized. Yahoo! Sports reported the partnership could bring in more than $500 million in revenue. The U. expects the deal to be completed early next year.

(Trent Nelson | The Salt Lake Tribune) The Big 12 Conference logo as the Utah Utes prepare to host the Baylor Bears, NCAA football in Salt Lake City on Saturday, Sept. 7, 2024.

Private equity investors have zeroed in on college athletics in recent years.

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In the wake of the House vs. NCAA settlement, colleges can now pay their student athletes up to $20.5 million annually.

That has contributed to significant deficits at schools around the country. Last month, the University of Colorado projected a $27 million deficit for its athletics program. Earlier this year, Ohio State University claimed a $37.7 million deficit.

The Tribune will update this developing story.



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Traffic deaths decline overall on Utah roads, teen fatalities nearly double

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Traffic deaths decline overall on Utah roads, teen fatalities nearly double


Road fatalities went down year-over-year after Utah officials reported the lowest number of traffic deaths in the state since 2019.

The Utah Department of Transportation and the Department of Public Safety released preliminary data on Tuesday, revealing 264 traffic fatalities statewide in 2025. That number is down from the 277 fatalities reported in 2024 and the lowest since the 248 deaths reported in 2019.

“While fewer lives were lost this year, even one death is one too many,” said Shaunna Burbidge, the program manager for Zero Fatalities. “These numbers help us understand where risks remain and remind us that the choices we make on the road can save lives.”

MORE | Traffic Fatalities

Among those concerns are teen drivers and motorcyclists.

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According to the 2025 data, motorcyclist fatalities increased by 32% compared to 2024, and teen fatalities “sharply rose.” The Department of Public Safety said 31 teens died on Utah roads in 2025, nearly double the 18 reported in 2024.

DPS said these deaths highlight the vulnerability of riders and the importance of visibility, protective gear, and safe speeds. Meanwhile, crashes involving young drivers are often tied to distractions, risky behaviors, and inexperience.

“Every time we travel, we make choices that carry lifelong consequences for ourselves and everyone else on the road,” said Sgt. Mike Alexnader with Utah Highway Patrol. “The reality is that these tragedies are preventable. When we commit to driving focused, alert, sober, calm, and when we ensure every person in the vehicle is buckled up, we aren’t just following the law; we are actively saving lives. It’s time we all take that responsibility to heart.”

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The Utah Jazz will eventually have to face their their lack of defense

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The Utah Jazz will eventually have to face their their lack of defense


PORTLAND — The Utah Jazz currently have the worst defensive rating in the NBA (122). If they finish the season that way, it would be the third straight year with the dishonor of having the worst defense in the league.

Of course, there are some caveats that are necessary to point out. Like the fact that this team has been bad by design and built, in large part, to lose games. And, there has been an emphasis on getting offensively gifted players and fostering their development.

It’s also important to point out the lack of Walker Kessler this season and the amount that the Jazz have to try to cover up for what he provides on defense. But even with Kessler, a good defensive player, the last couple of years the Jazz’s overall defense has been very bad.

On offense, the team is generally trending in the right direction — the Jazz had the 7th best offensive rating for games played in December. The emergence of Keyonte George as a massive scoring threat helps that.

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“It’s crazy, for how good our offense has been, how little we actually talk about it as a group,” Jazz head coach Will Hardy said. “Defense is what we’re attacking every day, and it’s what we’ll continue to attack until we get it right.”

Personnel

It’s not like the Jazz players haven’t been continuously told that they need to be better on that side of the ball. They know where they’ve ranked and they know where they are now compared to the other 29 teams.

But, do the Jazz actually have the personnel to play good defense in the NBA?

“I think any group of people can perform to a certain level,” Hardy said when asked that question. “I don’t want to put a limitation on our group at all on that side of the ball. If I didn’t believe in the ability for a group of people to outperform the sum of their parts, or if I didn’t believe in the ability for individuals to grow and get better, then this would be a horrible profession for me. I go to bed with that belief. I wake up with that belief.”

You’ll notice that wasn’t a “yes.”

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The Jazz’s point-of-attack defense has been abysmal throughout the rebuild. George has improved this season, but not to the point that he has been a good defender. Statistically he’s still been a negative defender, along with Isaiah Collier, Brice Sensabaugh, Cody Williams and Kyle Filipowski.

The Jazz are hopeful that Ace Bailey can become a positive defender, but he’s still so young and is still trying to adjust to being in the NBA. His growth on defense is something to worry about in the years to come. There’s some grace that Filipowski deserves considering how much he’s been playing the five this season, where he is known to have deficiencies as a defender.

There’s a lot of hope riding on Hendricks, who was drafted in large part because of his defense, but lost last year to injury and has yet to recover the reaction time or quickness required to be the kind of defender the Jazz need at his position.

Some of the Jazz’s best defenders this season (and that’s not saying much) have been Svi Mykhailiuk, Kyle Anderson and Jusuf Nurkić, and those are not the players that the Jazz desperately need to see defensive improvement from.

The future

At some point in the near future, the Utah Jazz are going to have to face the fact that they have a major problem on defense.

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“Defense is tiring. Defense is not fun,” Hardy said. “But defense is what gives you the opportunity to win. We can’t show up to the games thinking that we’re just going to outscore everybody. That’s an unsustainable approach. And right now, where we are as a team and as a program, we’re trying to build sustainable habits, a sustainable approach for long term success. Our focus on the defensive side of the ball, individually, has to go up.”

It’s not like the Jazz’s defense needs to be better to win games this season. We all know that’s not the ultimate goal of the front office. But if they were to try to win games next season with this exact roster, the defense would be a problem.

And there’s blame to go around. The Jazz front office has not drafted defensively sound players, Hardy has not been head coach of a good defensive team, and the players on the team have not shown that they care enough on that side of the ball or that they can improve to a reasonable level.

It’s possible that with winning being the goal, the players would care more, that Hardy would coach differently, that players would buy in, etc. But that’s not concrete evidence for us to work with right now.

On Monday night they gave up 137 points to the Portland Trail Blazers, a bottom-10 offensive team. It was just the latest, in a multi-year string of poor defensive outings. The Jazz’s defensive issues are not going away anytime soon. So something has to change if the Jazz want to be a good team in the future.

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Utah grocery store manager accused of stealing $40,000 from cash registers

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Utah grocery store manager accused of stealing ,000 from cash registers


A manager of a Salt Lake City grocery store was arrested for allegedly stealing $40,000 over the course of a year.

Yasmin Castellanos, 47, was the manager of the Smith’s located near 1100 W 600 N in the Rose Park neighborhood until just before her arrest on Sunday, according to police. She is facing a second-degree felony charge of theft.

According to the probable cause affidavit, Smith’s officials started documenting missing cash starting in February 2025 through late December of that year.

MORE | Daycare worker arrested for child abuse after Blanding police review security footage

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Police said approximately $40,000 is believed to have been stolen during that time.

The highest amount of cash missing in a day was documented on Dec. 27, with officials saying over $14,760 was gone.

Castellanos was taken into custody and interviewed by investigators.

They said she explained that, as part of her job, she would collect bags of cash from the registers and place the cash into a collection machine. This included cash from pharmacy registers.

Castellanos allegedly admitted to theft, saying she would pocket some of the cash from the bags and use it to pay loans, rent, food and medical bills.

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Police said she admitted to taking about $40,000. The money has not yet been found.

Castellanos was booked in the Salt Lake County Jail on Sunday evening.

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