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Stock impact report

University of Pittsburgh ready to compete with other schools in NIL landscape [CBS News]

Tyson Foods, Inc. (TSN) 
Last tyson foods, inc. earnings: 2/6 07:30 am Check Earnings Report
Company Research Source: CBS News
On the day Pitt named Allen Greene as its new athletic director, head basketball coach Jeff Capel made it clear what he needed to stay competitive. "NIL. [We] need money. NIL," Capel said. The coach referenced name, image, and likeness , the power of star student-athletes to name their own price and play for the university paying the most. Despite the warnings of some, the University of Pittsburgh says it is jumping into the fray with both feet. Behind the scenes, Pitt had been in the running to sign local standout and future NBA prospect Maleek Thomas but lost him to an undisclosed NIL deal from the University of Arkansas, home to deeper-pocketed boosters like Walmart and Tyson Foods and the aggressive recruiting of their new coach John Calipari. "I think you've heard some of our coaches talk about it, and it's not them being selfish. The reality of living in the world today without those resources," said Greene. At his announcement, Greene said under his tenure, Pitt wi Show less Read more
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