LSU concludes informational meetings with top donors about a proposed sports funding plan

LSU completed a series of two meetings with top donors on Wednesday night to outline what university President Wade Rousse has billed as a “first of its kind” revenue-generating proposal for athletics. The meetings hosted by Gov. Jeff Landry at the governor's mansion outlined the potential creation of an LSU-controlled limited liability corporation that could generate sustained revenues through targeted investments, a person familiar with the matter said. Currently, major Division I college athletics programs can share up to $21.3 million in sports-related revenues with their athletes.