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.
SALT LAKE CITY — Rep. Mike Kennedy, R-Utah, views liberty as a driving force in American history, which is why he’s thrilled about a 60-foot-long and 36-foot-tall arch planned for a space near the Utah Capitol.
The Grand Liberty Arch, designed by renowned artist Sabin Howard, is expected to become one of the largest bronze sculptures in the West by the time it’s completed over the next seven years. Kennedy believes it will highlight the effort to gain liberty over the past 250 years.
“For two and a half centuries, liberty has been an active ingredient in the background of American history, and the driving engine of our national progress,” he said on Monday, as a 6-foot model of Howard’s piece rotated within the Utah Capitol rotunda next to him. “It is the vital spark that transformed a collection of colonies into a beacon of global innovation and human potential.”
However, those who live near its planned location are less excited by the state’s plan, not by the sculpture as much as the spot the state has in mind and the process by which it was selected. They believe it will drastically alter a longstanding open space, and question why the project was voted on quickly without much public feedback.
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The Grand Liberty Arch
The Capitol Preservation Board signed off on the project in May, with the expectation that the estimated $55 million cost will be raised privately. Former Zions Bank CEO Scott Anderson was working with JLL Salt Lake City Real Estate to raise the funds, meeting with family foundations and large corporations, officials said during the meeting.
Utah Gov. Spencer Cox penned a letter in support of the project in February, saying that he believes in the “significance of this legacy piece.” Howard, who recently completed a World War I memorial in Washington, D.C., had his latest vision on display at the Utah Capitol over Fourth of July weekend, so people could better view his vision.
The sculpture depicts many elements of the past 250 years in the U.S., from the Revolutionary War and the signing of the Declaration of Independence to the building of the country and its westward expansion. An unveiling ceremony was held Monday, where Howard and others were able to describe it and its importance for now and the next 250 years.
“America is dynamic. … Americans do not stand still,” he said. “The Grand Liberty Arch is a celebration of liberty that has transformed our nation.”
It’s expected to be built in phases over the next seven years, completed in time for the 2034 Winter Olympics and Paralympics. Over 100 people showed up for the ceremony, making sure to snag a photo of the model by the end of it.
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A neighborhood’s concern
The sculpture is to be located at 17 W. 500 North, on a parcel across the street from the Utah Capitol, informally known by some as the Capitol triangle. Utah owns the land, but it’s also not considered part of the primary Capitol Complex, meaning it’s not subject to some of the same Capitol grounds rules, Cox said.
Utah House Speaker Mike Schultz, R-Hooper, called it the “perfect location” during the board’s May meeting. Renderings show a plan to remove some of the park’s longstanding trees, replacing them with cherry trees around the arch that essentially adds to the Capitol’s walkway.
This rendering shows the proposed location for the Grand Liberty Arch monument northwest of the Utah Capitol. (Photo: Utah Capitol Preservation Board)
The location has also created a stir within its neighborhood. The Capitol Hill Neighborhood Council ended a June 17 meeting by debating several options to respond to the state’s decision.
There were some concerns raised about some of the depictions, but most are concerned about potential impacts to the current open space, which is used for an annual gathering, but also smaller park space since it’s located right next to homes, said Jonathan Bruns, chairman of the Capitol Hill Neighborhood Council.
“It’s off the main (path), so it’s a little … removed from the main grounds. It’s usually a quieter spot,” he explained.
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With thousands of people projected to cross the street to view the piece, they said it could snarl traffic along Capitol and Columbus streets. Others were concerned by the size and scale of the project and the quick process to select a design, which appeared to include little to no public feedback.
Salt Lake City Councilman Chris Wharton, whose district includes the area, pointed out that the state is exempt from local processes, meaning there’s nothing the city or county could do to intervene. As a resident and lawyer, he suggested a formal complaint to the Capitol Preservation Board over the monument process around the Capitol complex, which the neighborhood council plans to do.
The council agreed to submit a formal complaint to the board and Utah Attorney General’s Office to make sure that the board followed Utah’s Open and Public Meetings Act and normal processes for a monument. It also agreed to submit a public records request on the project for a “comprehensive report of community feedback.”
Part of the complaint centers around a discussion of a 100-year monument project for which there were two options discussed in May, separate from the arch. One celebrated the golden spike, while the other highlighted women’s suffrage in Utah, but the project was placed on hold over logistics.
Board members didn’t abandon the project, but said the arch could ultimately serve as the selection. That made the neighborhood question if it followed the correct process for monuments, Bruns explained.
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“It kind of seems like this went around the rules in an odd way. … We are obviously doing work to make sure it was done by the right processes,” he said.
The attorney general’s complaint has since been filed, while the rest are in the works, he told KSL. He’s unsure if the council would file a lawsuit over the time and money that would strain a volunteer group of residents.
Bruns credited Howard for being responsive, adding that he’s hopeful the state can also be understanding of the neighborhood’s concerns, whether that’s project adjustments or a new location.
The Key Takeaways for this article were generated with the assistance of large language models and reviewed by our editorial team. The article, itself, is solely human-written.
ST. GEORGE, Utah (KUTV) — A jury returned a guilty verdict against a Chicago man accused of trafficking 25 pounds of cocaine through Utah with a firearm and cash.
Marcus Kentral Brown, 41, of Chicago, was found guilty on Tuesday of possessing 500 grams or more of cocaine with the intent to distribute and carrying a firearm in relation to a drug trafficking crime.
A Utah Highway Patrol trooper pulled Brown over in his Jeep Grand Cherokee on July 13, 2021. Brown reportedly said that he was traveling back to Chicago from California.
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The U.S. Attorney’s Office District of Utah said that, according to evidence presented at trial, the trooper conducted a consensual search of the vehicle and found 10 packages of cocaine (25 pounds worth) and a loaded Glock pistol in a hidden compartment in the rear cargo area. The trooper also found air fresheners and about $14,000 in cash.
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Brown is scheduled to be sentenced on Oct. 28 in St. George.
The state of Utah has revoked the license of a boarding school where socialite Paris Hilton said she was abused as a teen, saying the school “failed to provide applicable health and safety services for clients.” The state’s action, which took effect Monday, cites multiple noncompliance issues against the Provo Canyon School’s campus in Springville, reports the AP. The school has 15 days to request a hearing before the Department of Health & Human Services. The wide-ranging citations, which go back to 2025, include failing to increase staff-to-client ratios, engaging in unnecessary restraint and aggressive physical contact with a client, neglecting care, and not verifying employee information or submitting background checks for applicants in a timely manner.
“For more than fifty years, children came forward with stories of abuse, neglect, and trauma,” Hilton said in a statement provided Tuesday. “Today, the state confirmed what survivors have known all along: Provo Canyon School failed the children in its care. I was one of those children. I know what it feels like to cry for help and believe no one is coming. Today, children still inside that facility know someone is finally coming to protect them.” Hilton, the hotel heiress and media personality, spent almost a year at the school in the late 1990s. She alleges staff members beat her, watched her shower, fed her unknown pills, and locked her in solitary confinement without clothing.
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Hilton, 45, called on Utah regulators to shut down the school. She has testified about her experiences there in Congress and state legislatures around the US, helping pass laws to protect teens in Utah and 15 other states. Utah has long played an outsized role in the troubled teen industry, a network of private, for-profit residential centers for children with behavioral issues. In June, Hilton returned to the school to speak in support of two families who filed lawsuits alleging their children were mistreated there. The school is under new ownership. The administration has said it can’t comment on anything that came before the change, including Hilton’s time there. Provo Canyon School did not immediately respond to an AP email seeking comment. The state said in its letter that all services at the campus must be terminated by Aug. 6.
