Leon Lin was ecstatic when he found out he’d be leaving home in southern China to study at the University of Connecticut. As the Chinese agent whom his parents paid $5,000 to help him get into the school told him, the university’s flagship campus at Storrs was a highly ranked institution, with 25,000 students and ready access to Boston and New York City. And eventually Lin would return home with the status and career advantage of a U.S. degree.
The University of Kentucky’s eighth men’s basketball championship last April drew 42.9 million broadcast viewers for an annual event that raised $705 million in television rights fees for college sports’ national organization.
Peter Carlisle, the sports agent who represents Olympians Michael Phelps and Apolo Ohno, began pitching downhill skier Mikaela Shiffrin to potential sponsors months ago. That job got a lot easier last week.
Victoria Pauli signed a one-year lease last week to stay in her rental home in Fair Oaks, California. She had considered buying in the area, where property prices have slumped 57 percent since a 2005 peak.