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.
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.
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.
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.