The New York Islanders are not only spending money to help their young players improve their play, they are also working with local college programs to help them get a better education.
In fact, the Islanders announced that it will invest in a program called the College Investment Loan Program (COIL).
The goal of COIL is to provide college students with the skills they need to get a higher paying job after graduation.
The Islanders will invest up to $3 million in the program, which will provide financial aid to students who are in college, or who are interested in attending college.
The program will be overseen by the New York City Community College Investment Group, which is a private nonprofit, and will be managed by a group of investment professionals.
The goal is to develop a network of college investors, who can then invest in colleges in their region.
The New York Times article goes on to say that the Islanders are also taking a big risk in the way they are investing.
The team has not made any major investments in the past few years, but this year they have made an investment of more than $5 million in three players who are currently on the team: forward Joonas Korpisalo, defenseman Jannik Hansen, and goalie Anders Lindback.
That is a big investment because they are currently playing for the Columbus Blue Jackets.
The Islanders, of course, are not the only team with a significant investment in the college-sports sector.
Other NHL teams are also investing in college investments, with the Buffalo Sabres announcing a $3.7 million investment in New York University, the New Jersey Devils, the Pittsburgh Penguins, the Chicago Blackhawks, and the Colorado Avalanche all participating in the College Investment Loan Program.