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Kentucky will ask its board of trustees Friday to approve a plan to convert its entire athletic department into an LLC, a move the school says will position it to adapt to the new climate of collegiate sports.

Champions Blue, the name of the school’s proposed Limited Liability Company, would allow Kentucky to create a public-private partnership and raise funds and handle expenses as collegiate sports shifts into a new era if the House settlement is approved and schools are allowed to share revenue with athletes in the years ahead, the school said in a statement.

A board composed of business and professional sports experts will advise athletic director Mitch Barnhart and school president Eli Capilouto under the proposed model, which the school is calling one of the first in Division I sports.

“We believe this is an innovative approach — a new structure and governance model that thoughtfully contemplates how we strengthen athletics, protect and promote the university and open up new opportunities for growth,” Capilouto said. “It’s a foundation and model that we are calling Champions Blue. Athletics and its success have always been the result of an incredible and productive partnership with campus. It will continue to be in the future — if we seize the opportunities in front of us to meet the challenges that lie ahead.”

The public-private partnership could give the school access to unorthodox revenue streams like real estate as collegiate sports undergo a transformational shift with schools — under the terms of the House settlement — expected to be able to give a pool of $20 million to athletes who may also still have the opportunity to capitalize on outside NIL deals. The school said the proposed model, which would make the athletic department a holding company, is one it has used outside athletics to acquire a pair of local hospitals.

Last week, a study led by former Auburn athletic director Jay Jacobs advised that schools should consider hiring human resources departments and operating like businesses instead of traditional athletic departments.

Shortly after the school’s announcement of the proposed model for sports, Kentucky football head coach Mark Stoops tweeted: “Big news! Thankful for the leadership we have at [University of Kentucky].”

Kentucky is one of the most financially formidable schools in the country. The school’s athletic department generates more than $166 million in revenue, according to U.S. Department of Education data. That’s a top-20 mark, according to USA Today’s database of athletic department revenue.

But the proposed model, the school said, is necessary to thrive in the next chapter of collegiate sports.

“Our mission remains the same: to put championship rings on fingers and diplomas in hands,” Barnhart said in a statement. “But how we accomplish that goal — how we finance our teams, protect our future and support our student athletes — will have to change.

“That’s what this new model represents — an understanding that in the market we are in that we have to be creative. We have to find new ways to generate revenue, manage expenses and think about opportunities to grow.”

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Follow live: Kings look to take 3-0 series lead vs. Oilers

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Hagel suspended for Game 3 due to hit on Barkov

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Hagel suspended for Game 3 due to hit on Barkov

Tampa Bay Lightning winger Brandon Hagel was suspended one game by the NHL Department of Player Safety on Friday night for what it labeled “an extremely forceful body check to an unsuspecting opponent” that injured Florida Panthers captain Aleksander Barkov.

Hagel will miss Saturday’s Game 3 in Sunrise, Florida. The Panthers lead the series 2-0.

Around midway through the third period of Thursday’s Game 2, Tampa Bay was on the power play while trailing 1-0. Barkov pressured defenseman Ryan McDonagh deep in the Lightning zone. With the puck clearly past Barkov, Hagel lined him up for a huge hit that sent the Panthers captain to the ice and thumping off the end boards.

A penalty was whistled, and the officials conferred before calling a “five-minute penalty.” After review, Hagel was given a 5-minute major for interference. Barkov left the game with 10:09 remaining in regulation and did not return to the Panthers’ 2-0 win.

Lightning coach Jon Cooper said after the game that he didn’t expect Hagel to receive a major penalty for the hit.

“Refs make the call. I was a little surprised it was a five, but it was,” he said.

The NHL ruled that Hagel’s hit made “some head contact” on Barkov.

“It’s important to note that Barkov is never in possession of the puck on this play and is therefore not eligible to be checked in any manner,” the league said.

In the Friday hearing, held remotely, Hagel argued that he approached the play anticipating that Barkov would play the puck. But the Department of Player Safety said the onus was on Hagel to ensure that Barkov was eligible to be checked. It also determined that the hit had “sufficient force” for supplemental discipline.

It’s Hagel’s first suspension in 375 regular-season and 36 playoff games. He was fined for boarding Florida’s Eetu Luostarinen in May 2022.

The Panthers held an optional skate Friday. Coach Paul Maurice said Barkov “hasn’t been ruled out yet” but “hasn’t been cleared” for Game 3.

“He’s an irreplicable player,” Panthers defenseman Seth Jones said of Barkov. “One of the best centermen in the league. He’s super important to our team.”

The Lightning lose Hagel while they struggle to score in the series; they scored two goals in Game 1 and were shut out in Game 2. Tampa Bay was the highest-scoring team in the regular season (3.56), with Hagel contributing 35 goals and 55 assists in 82 games.

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Goalies Montembeault, Dobes leave Caps-Habs

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Goalies Montembeault, Dobes leave Caps-Habs

The Washington Capitals and Montreal Canadiens lost their starting goalies because of injuries in Game 3 of their first-round series Friday night.

Canadiens starter Sam Montembeault was replaced by rookie Jakub Dobes, who made his playoff debut, in the second period. Capitals starter Logan Thompson left late in the third period after a collision with teammate Dylan Strome.

The Canadiens won 6-3 to cut their series deficit to 2-1.

Montembeault left the crease with 8:21 remaining in the second period and the score tied 2-2. Replays showed him reaching for the back of his left leg after making a save on Capitals defenseman Alex Alexeyev. Montembeault had stopped 11 of 13 shots. For the series, he stopped 58 of 63 shots (.921 save percentage) with a 2.49 goals-against average.

Dobes, 23, was 7-4-3 in 16 games for the Canadiens in the regular season with a .909 save percentage. Dobes had a win over the Capitals on Jan. 10, stopping 15 shots in a 3-2 overtime win.

Thompson was helped from the ice by a trainer and teammates after Strome collided with him with 6:37 left in regulation right after Canadiens forward Juraj Slafkovsky made it a 5-3 Montreal lead. Thompson attempted to skate off on his own but couldn’t put weight down on his left leg.

Backup goalie Charlie Lindgren replaced Thompson, who had been outstanding for the Capitals in the first two games of the series, winning both with a .951 save percentage and a 1.47 goals-against average. He made 30 saves on 35 shots in Game 3.

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