Andre Agassi became a tennis legend as a young man. He started tennis early, having dropped out of school at the end of eighth grade to make his mark on clay courts.
Then he opened his own charter school in Las Vegas, and promised that every student would be prepared for a selective college (Agassi never completed high school). Agassi plowed $18 million into the school to assure that it had the best of everything. He told the New York Times in 2004 that he wanted his school to be a model for the nation.
Unfortunately the Agassi school was a disaster. Teachers and principals cycled in and out through a revolving door. It had six principals in its first decade. The cheerleading coach was accused of running a prostitution ring on the side. Security guards complained that the kids were out of control. The scores were about the same as the district’s, despite what teachers called “a chaotic learning environment.” (Source: Amy Kingsley, “Learning Curve,” Las Vegas Citylife, March 14, 2012).
It ended up on the state’s list of low-performing schools. At the very bottom.
What does a state do with a low-performing charter school? Turn it into a public school? Absolutely not! It was handed over to the Democracy Prep Charter chain of New York.
But the word “failure” is not in Andre Agassi’s vocabulary. Last year, he went to the big annual entrepreneur’s conference at Arizona State University to boast about the millions he was now making building new charters. And he pretends that his school in Las Vegas was a phenomenal success.
Andre Agassi, who was once the number one tennis player in the world, has helped build 70 charter schools in the past four years, educating 33,000 students. And that’s just the beginning, he told hundreds of attendees at the 2017 ASU/GSV Summit here Wednesday.
“We have $1 billion more to spend,” he said.
Agassi described his passion for education, his drive to scale up successful charter schools across the nation, and the business model he’s using to do so in an interview with sportscaster Ted Robinson.
“It took me 14 years to build one school in Clark County [Nev.] for 1,300 students,” said Agassi. That school, the Andre Agassi College Preparatory Academy, is a K-12 public charter school that educates students in a low-income neighborhood of West Las Vegas. The academy was constructed with $40 million raised by the Andre Agassi Foundation for Education
At least he has the good sense not to replicate his own failed charter school. Why bother, when he can make $1 Million for every charter school he builds and opens.
Charter schools that have been funded through the Turner-Agassi fund have included KIPP, Rocketship, Academica, Franklin Academy and Lighthouse Academies.
Agassi knows nothing about education but he knows how to turn a profit. In 2023, he bought a building in the Bronx, New York, for $4.3 Million. Five years later, in a related-party transaction, his charter building sold the site to his charter schools for $24 Million. Somebody pocketed $20 Million. Isn’t the charter industry amazing?
What a shame to see a tennis icon reduced to charter shill, profiting by hurting public schools.

Being a former tennis superstar does not mean he is honest or not greedy. There are many examples of sports superstars who raped women, took illegal drugs, and were arrested for other crimes.
Being successful in one thing like playing tennis is not an automatic ticket to be successful at everything else in the world. Many of these super successful people are good at only one thing and fail at everything else they try. That’s why so many of them end up broke from the many failures that followed their one success.
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Unless, of course, you have Gates’ money. He is in a league of his own. He can go from failure to failure and still have plenty of money to meddle in that which he does not understand. He can try to reinvent education for other people’s children according to his personal vision and bias.
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“Anyone for tennis?”
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Anyone for a game of tennis? Only if we can use Andre Agassi head as the tennis ball, but even then I’d probably miss it if you had the first serve.
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If Agassi is allowed to administrate schools, surely I can decide my own tennis rules…
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Great idea.
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Diane – in the case of his first school, College Prep Academy, ( and all the others mentioned, too), exactly how does Agassi receive that money? The school is funded by the federal/state/local sources. That funding pays for the building, materials, breakfast and lunch depending on the district, and staff. And he receives a salary?
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Agassi put money into his first charter. He is now in the business of building charter facilities. I read that he and his partner Turner make $1 million for every charter they open.
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A school called “academy” is usually a scam.
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I go through ed reform speeches and look for the mention of public schools:
“To solve the infrastructure issue, Agassi thought: “What if we could come to the table with the capital to actually build the facility?” he asked, “which would relieve over-crowded school districts, by the way, and it doesn’t cost the taxpayer” anything more to do so. “We’re going to build a school for somebody who knows how to educate kids. We’re not going to play landlord,” he said”
Always derogatory, always arrogantly dismissive. It never fails.
This sales pitch is excellent, though, I must say. They’re promising free public schools- it costs taxpayers “nothing”.
Boy, that will be hard for public schools to compete with- we have to ask taxpayers for funding. Ed reformers promise free schools. Won’t cost anyone anything. It’s a fantasy, but it sure sells.
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Even if it is allegedly free at first due to venture capital, start-up money, the investors will expect a profit down the line and a say in how things are run. Then the taxpayers, will not only lose their public voice and elected officials in how those schools should be run, they will pay and pay and pay repeatedly.
Parental power will be stripped and gone.
Taxpayers will have less money
It will keep getting worse.
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DeVos uses this same sales pitch- she insists that we can have 3 school systems for the price of one. “Free! No money down!”
It’s nonsense. She’s selling you a pig in a poke. The public will be paying for ed reform long after all these lobbyists have retired to their secluded estates.
None of them use public schools anyway. They won’t even notice they’re gone.
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As they become entrenched and start buying politicians, charters want a bigger slice of the pie. Public schools have no paying advocates so they lose the “pay to play” game.
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NPE has learned that lessons. We don’t get money from a Wall Street. There are no sugar daddies supporting public education. No Gates or Broad or Hastings or Zuckerberg or Koch brothers. But we persist because we have passion and dedication. They don’t.
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My favorite story related to Agassi’s Las Vegas charter school tells of a surprising and especially egregious consequence of the de-regulated environment provided for charter schools — as it pertains to the screening and hiring of staff.
Apparently a teacher / cheerleader coach who was teaching by day, but by night moonlighting as a female pimp — running a stable high-price call girls, negotiating with johns, arranging hotel rooms, providing her hookers with drugs, etc. — and later getting arrested and found guilty of doing so:
https://www.lasvegasnow.com/news/agassi-prep-cheerleading-coach-charged-in-prostitution-sting/81591956
https://www.upi.com/Cheer-coach-held-in-Vegas-hooker-ring/52901181406325/
Corporate education reform at its finest.
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Do you suppose that was on the test?
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According to all that’s been written so far, she didn’t pimp out any of her students, but still … how does someone capable of this go on to pass the screening process for who’s allowed to teach at a certain school or in a school district?
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Why have a screening process when there is no oversight and no one is watching? Outside of traditional public education, anything goes and there is no law.
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Prior to hiring, LAUSD requires extensive checking into a person’s past: fingerprinting, and checking every crime database on Earth, combined with google searches, etc.
Friends of mine wanted to substitute in LAUSD, and a couple were turned away for extremely minor incidents in their past. The District apparently concludes, “Why risk hiring that person?” LAUSD prioritizes the interests of children — and yeah, does not want to risk lawsuits costing millions brought about by the actions of this person, even if the problem in a person’s past makes that risk extremely slight.
Why take the chance?
The same goes for any public moral turpitude on the part of current employees. You do something — however slight — in the public realm, and you’re done.
I highly doubt that, in the case of the teacher-pimp, that this was her first brush with the law … that she went from being a perfectly law-abiding citizen with zero record to running a prostitution ring, dealing drugs, etc. A proper and cursory examination of her past should have and could have weeded her out and prevented her from working as a teacher, but apparently, that’s not how it works in charter-land.
For example, there’s the woman in Florida that was convicted of multiple crimes, including arson, but applied to run her own charter school and was approved.
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“Anyone can open a charter — and does”
Open a charter. Anyone can.
Even a former tennis man
Football pros are welcome too
Cuz charter is a cinch to do
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Don’t forget about Puff Daddy.
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Rapping Daddy’s one to tap
Cuz charter is a total snap
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a couple more lines maybe needed to explain the game:
Open a school, don’t care if it flops,
As the admin, take your percent right off the top.
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I looked over the Andre Agassi Foundation IRS Form for 2016. An amazing amount of money for the Foundation comes from investments, $31,823,472 with $22,610,9333 from hedge funds.
This foundation is a money laundering operation with no explanation for $12, 536,455 spent in Central America and the Caribbean and $3,416,160 in Europe.
These are the names of major contributors and officers of the Foundation.
Andre Agassi Andre Agassi Foundation/Agassi Graf Holdings–Ivan Blumberg Athletes for Hope–David Cush Virgin America Inc.–David Foster 143 Records–Michael Fraizer,–David Gilmou Wakaya Club, –Larry Grossman The Grossman Group–Brent Handler Inspirato–Bill Hornbuckle MGM Resorts International–Elton John Elton John AIDS Foundation–Emeril Lagasse Emeril Lagasse Foundation–David Markowitz Markowitz, Herbold, Glade & Mehlhaf, P.C.–Mark Mastrov NEFC, LLC–Lawrence McIntosh ID Analytics–Richard Santulli Colts Neck Stables LLC–Craig Smith California State University, Long Beach–Kurt Stache American Airlines–Terdema Ussery Dallas Mavericks–Billy Vassiliadis R&R Partners–Jack Williams Shine On Foundation–Marsha Garces Williams Blue Wolf Productions–Lindy Schumache The Dream Fund UCLA–Maureen Schafer–Gun Ruder Canyon Agassi Charter School Facility Fund–Steve Miller Agassi Graf Holdings
A 2017 Bloomberg profile reports that the Canyon-Agassi Charter School Facilities Fund is a private company based in Santa Monica, founded in 2011 by managing partners Andrew K. Agassi and Kenneth Robert Tuner. The company invests in high-quality charter school facilities and school sites in urban communities across the United States.
In 2017, the Turner-Agassi Charter School Facilities Fund announced a major development: the 55,000-square-foot campus, built from the ground up, for Mater Academy Bonanza, on Bonanza Road in Las Vegas. The Academy serves 788 students, pre-K to 6th grade with expansion of enrollment to 1,000 students.The new school will be managed by Academica Nevada, LLC, a professional education management organization.
I wanted to learn more about Academica Nevada, LLC.
The CEO of Academica Nevada is Robert Bruce Howell who worked for 16 years as a Senior VP for JP Morgan in Government Investment Banking. He also created a Public Financial Services group at Zion Bank and grew its tax-exempt debt portfolio to over $1 billion. He formed Academia Nevada in 2010 and as CEO has expanded Academia’s presence to California, Colorado, and Hawaii. He is a lawyer, has a bachelor’s degree in history and MBA,.
The COO is Ryan Reeves. He has a law degree and bachelor’s degree in business administration. He operated a small civil litigation law firm and worked for an insurance company on automobile claims. He is on the board of two non-profits that support charter schools (Borrower Association of Nevada, Achieving Choice in Education Foundation, in addition to being active in the Chamber of Commerce.
The CFO is Trevor Goodsell, is a CPA formerly working in the public sector and joining Academica Nevada in 2015 along with Colin Binghurst, Chief Legal Officer, formerly an insurance and personal injury attorney (both graduates of Brigham Young University).
Here are some financial/legal documents bearing on bonds issued for one of Academica’s schools. It includes a reference to the CMO for the school Academica.org which earned $1,096380 at a rate of $450 per student. The management company is the ESP—education service provider. [PDF]DORAL ACADEMY OF NORTHERN NEVADA Supporting Document
http://www.doralnorthernnevada.org/pdf/…/7-20-17_Final_Support_Materials-Reduced.pdf
In addition to the LLC Academica.org is self-described as “one of the nation’s longest-serving and most successful education service organizations, providing professional services and related support to public charter schools.“ The services include: Consultation prior to Charter approval, financial, hiring, marketing, accountability, governmental relations, facilities, strategic planning and implementation.
I have checked five non-profit websites. None has a rating for academica.org
Even so, for an indication of the national reach and possibilities for corruption through self-dealing see this report from one of those charter wheeler dealers now in jail. http://lwveducation.com/erik-fresen-faces-prison-time/
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Academically is a for profit, Florida based charter chain.,
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Flori-DUH!
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Academica West is the spin-off of the Florida Academica. It’s a huge charter school company in Utah.
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Scam
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Again, how much money is enough for these people? Didn’t Agassi make enough playing tennis?
The unabashed greed is disgusting.
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He had prolly burned thru all his tennis earnings and suddenly realized the only other job he could get was flipping burgers.
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Good Gawd! What an airhead.
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The real airheads are the ones who buy the snake oil that he is selling.
The shysters will keep ripping off the public as long as the public put up with it. The second we say “no more” they will have to go back to hitting their balls over a net to make a living.
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