May 4, 2007

Athletics Programs Consider Taking Out Life-Insurance Policies on Boosters

By BRAD WOLVERTON

At least 40 athletics departments, including some of the biggest in the country, are considering establishing life-insurance policies on their boosters to help defray the rising cost of college sports, two companies with knowledge of the plans told The Chronicle last week.

The institutions — which include two each from Atlantic Coast Conference, the Big 12 Conference, and the Southeastern Conference, as well as four from the Pac-10 — got the idea from Oklahoma

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