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Florida powerhouse IMG Academy sold for $1.25 billion

One of the country’s best high school football and basketball schools—and really, most all sports—has been sold.

According to a report by Pete Nakos at On3, IMG Academy in Bradenton, Florida, has been sold by Endeavor Group Holdings to private equity group BPEA EQT for a total of $1.25 billion. Endeavor president Mark Shapiro says the school is in good hands.

Blue Cain of the IMG Academy celebrates a teammates dunk against Prolific Prep in GEICO High School Nationals quarterfinal game ay Suncoast Credit Union Arena.

“IMG Academy is in a category of one for its combination of elite athletics and academics, as well as its legacy of developing superstar competitors in the game of life… We’re proud to have been stewards of this institution, driving growth and innovation, as well as expanding its facilities and offerings. IMG Academy is in great hands for its next chapter with BPEA EQT.”

IMG is a private, sports-centric school that costs nearly $90,000 per year in tuition and boarding, per the Wall Street Journal.

The annual Kickoff Classic, at the newly-renovated, upgraded bleachers and new LED lights at Joe Kinnan Field at Hawkins Stadium in Bradenton, on Friday August, 19, 2022. Manatee Hurricanes won the game 30 to 21 over the IMG Academy White (Ascenders).

Some of the nation’s best high school football players attend, including several members on our list of the Top 100 football recruits in the 2023 class. Their varsity team ranked No. 7 in our final Super 25 rankings of the year.

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Story originally appeared on High School Sports