Afternoon Update: A men's basketball coach wants to sell a share in his program for $100 million. Seriously.

Chapel Hill requires active-shooter training; Harvard interim president named to permanent post; $4.3-million earmark to Allen U. is frozen; and more. ADVERTISEMENT [Afternoon Update Logo]( You can also [read this newsletter on the web](. Or, if you no longer want to receive this newsletter, [unsubscribe](. ATHLETICS [A Men’s Basketball Coach Wants to Sell a Share His Program for $100 Million. Seriously.]( In a wide-ranging proposal that he seems to have developed on his own, Howard University’s Kenny Blakeney is seeking private-equity or other investors interested in buying a 33-percent stake in the Bison. The plan includes upgrades of the basketball arena, salaries for scholarship players, and no dependence on Howard funding. (The Washington Post) ADVERTISEMENT [A Men’s Basketball Coach Wants to Sell a Share His Program for $100 Million. Seriously.]( JUST UPDATED [Which Colleges Have Produced the Most Individual Olympic Medals in Paris?]( By Amelia Benavides-Colón and Nell Gluckman [STORY IMAGE]( Thirty-eight medals have been awarded to athletes who trained at American colleges, led by Stanford with eight. Check out The Chronicle’s list to see which others trained the most medalists. CAMPUS SAFETY [A Year After Shooting, U. of North Carolina to Require Active-Shooter Training]( The Chapel Hill campus expects all faculty members to complete active-shooter and emergency training in two weeks, before the fall term starts, according to an email this week from the provost. The mandate follows the fatal shooting last August of a faculty member, allegedly by a graduate student, an incident that [plunged the flagship into chaos](. (The News & Observer, The Chronicle) LEADERSHIP [Alan Garber, Harvard’s Interim President Since January, Is Named to Permanent Post]( The Harvard Corporation, the university’s top governing board, said today it would delay a formal search until 2026, so Garber will serve as president until 2027. Garber, a longtime provost, replaced Claudine Gay eight months ago, after [she resigned]( amid a [cloud of controversy]( over [alleged plagiarism]( and inadequate [response to antisemitism]( on campus. (The Harvard Crimson, The Chronicle) FEDERAL SPENDING [Feds Question Invoices and Freeze Millions for Project at Allen U., in South Carolina]( The project involves the transformation of a hospital building into a multipurpose venue at the small historically Black university. The U.S. Department of Housing and Urban Development stopped a $4.3-million grant — an earmark arranged by Rep. Jim Clyburn, a South Carolina Democrat — because of Allen’s inability to provide receipts documenting the work. (The Post and Courier) CAMPUS BIAS [Education Dept. Resolves Complaint Alleging Antisemitic Discrimination at Drexel U.]( The department [said today]( that the Pennsylvania university had signed an [agreement]( on Title VI compliance over its response to alleged harassment of Jewish students. It drew criticism for dealing with incidents one by one, not seeing if they formed a hostile climate. The [resolution follows]( a surge in [bias complaints]( on [campus]( since [the Gaza war]( started. (Department statements, The Chronicle) TRAINING IN TRADES [Liberty U. Expands Trade-School Training by Acquiring Virginia Technical Institute]( The Christian university in Virginia already was collaborating with the institute to offer noncredit training in trades to its degree-seeking students. Now Liberty will offer such training to adult students, military veterans, and others who want to enter the work force directly. (WSET) CAMPUS CUTS [Frostburg State U., in Maryland, Plans Cuts to Close $7.7-Million Budget Deficit]( In a message on Thursday to students and parents, university leaders said declines in enrollment and in state support had necessitated a range of cuts, including unspecified faculty reductions, an administrative reorganization, and lower spending on athletics. (University statement) UPCOMING WORKSHOP [The Chronicle's Leadership Transformation Collaborative | Starting in August 2024] Join The Chronicle’s Leadership Transformation Collaborative this fall to not only learn a new set of leadership skills, but to gain a structure for implementing them into your day-to-day work. This 15-week virtual program is designed to help current and aspiring higher-ed leaders instill new practices across the fall semester and beyond through practical tools, community building, and flexible learning. [Learn more and register today!]( SUBSCRIBE TO THE CHRONICLE Enjoying the newsletter? 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