Kaler said fundraising is still about halfway to their goal of $166 million.

[BleedGopher]

per Sid:

Fundraising update

The Gophers are about to ramp up construction on their athletics village project, but Kaler said fundraising is still about halfway to their goal of $166 million.

"We are at about $80 million," Kaler said. "We have several proposals out to donors. But I think it's understandable that major donors are waiting to see who the next athletic director is before they make the next investment. But we are breaking ground, and we do have enough money to get the project started and I'm confident we'll get it done."

He also said the plans to improve the Gibson-*Nagurski Football Complex and build the men's and women's basketball practice facilities will be the first wave of projects. The projected completion date is the winter of 2018.

http://www.startribune.com/beth-goe...arch-for-gophers-athletic-director/369204251/

Go Gophers!!

 

[Go4]

we've been stuck in this $70-80mm range for a long time. hard to imagine that we'll double the amount needed as the big push has already taken place, and now the urgency is gone for donors. most donors are enticed to give when nothing is moving, hard to want to give when the real motive is to pay down bonds, which everyone knows can be forgiven by the u if needed. it's not as if they are going to stop construction 48% of the way in because we've only raised 48% of the money needed, which is where we're at now.

 

[ruppertflywheel]

0-13 in basketball and 6-7 in football can close the purse strings in a hurry.