Sportico reports RedBird Capital & Weatherford Capital are launching Collegiate Athletic Solutions (CAS), which is described as "a college sports-specific investment fund, one that could lend as much as $2 billion to athletic departments across the country." More key details: "The structure of CAS, according to multiple people familiar with its plan, is to lend upfront money and operational expertise to athletic departments in exchange for a share of additional revenue generated under their partnership. [...] CAS, meanwhile, is raising money and is already in talks with a number of other universities, said the people, who were granted anonymity because the details are private. The new venture plans to initially partner with five to 10 athletic departments, offering $50 million to $200 million to each." You should be plenty familiar with RedBird Captial, which is led by Gerry Cardinale. Weatherford Capital is led by a trio of Weatherford brothers, one of whom, Drew, played football at Florida State & sits on the university's board. Lots more. (link)