Howard's Basketball Coach Seeks $100 Million Investment for Program

Coach Kenny Blakeney aims to elevate Howard University’s basketball team by courting private investors and leveraging untapped revenue streams.

Blakeney proposes selling a 33% stake in the program to raise funds for arena upgrades and roster improvements.
The coach envisions Howard going independent or joining a major conference to secure lucrative TV deals.
Blakeney's plan includes a three-way revenue split among investors, the university, and the basketball program.
Potential revenue sources include naming rights, concert leases, and sponsorships, currently untapped by Howard.
The initiative reflects broader trends in college sports towards commercialization and private investment.