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Straining budgets: Universities are warning investors that athletic budgets are becoming a growing financial risk following the settlement allowing top schools to pay student-athletes. Recent bond disclosures from Clemson and the University of Oklahoma flag potential hits, while Texas A&M, Michigan and USC have already cut staff or programs to manage the mounting pressure, S&P says. Read more from Bloomberg. A subscription may be required.
Questions over contract: Iberville Parish President Chris Daigle is defending a lease agreement with a company partially owned by a parish council member, amid questions about potential conflicts of interest and whether the deal violated parish rules. The parish signed a one-year lease in September 2024 with AH Angelloz Properties LLC for $1,000 per month to use land as a debris burn site. Council member Charles “Stormy” Dardenne is one of the owners of the LLC. Read more from WAFB-TV.
Now open: The Ascension Parish Sheriff’s Office’s newest substation in Prairieville opened Thursday. The District 3 substation is located along Henry Road near Old Jefferson Highway. The expansion comes as the parish continues its fast rate of growth. Read more from WBRZ-TV.
