BleedGopher
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per Shipley:
Pioneer Press: Have you borrowed the $89 million approved to complete funding on the Athletes Village project?
Mark Coyle: We have raised $94 million in that “Nothing Short of Greatness” campaign; about $81 million of that is toward Athletes Village. My understanding is that the university, as a fallback, will issue debt to cover that, but obviously we continue to fund-raise, so the more we raise, the better. We want to raise the money for that.
PP: How do you feel about the arms race in general in major college sports? You guys are spending a lot of money to keep pace, and maybe exceed pace, with this Athletes Village, but are you concerned at all with how money is being spent — on coaches, on facilities, just in general in college athletics?
MC: Well, you know, I heard (football coach) Tracy Claeys talking when I got here, on the Gopher Road Trip, and he says, ‘It’s not an arms race; it’s an investment in kids.’ And I truly believe that. Are they facilities? Yes. But are they an investment in kids? The answer is definitely yes. And over the last 24 to 36 months, there’s been a huge emphasis by the NCAA on the student-athlete welfare side and their experience as a student. When you create an Athletes Village — with the leadership center, performance center, a nutrition center — those are all things that are going to benefit our students. So I don’t look at it so much as an arms race but rather an investment in students, and that’s an investment in the future, for all of us.
http://www.twincities.com/2016/09/09/gophers-ad-mark-coyle-on-fundraising-facilities-and-the-future/
Go Gophers!!
Pioneer Press: Have you borrowed the $89 million approved to complete funding on the Athletes Village project?
Mark Coyle: We have raised $94 million in that “Nothing Short of Greatness” campaign; about $81 million of that is toward Athletes Village. My understanding is that the university, as a fallback, will issue debt to cover that, but obviously we continue to fund-raise, so the more we raise, the better. We want to raise the money for that.
PP: How do you feel about the arms race in general in major college sports? You guys are spending a lot of money to keep pace, and maybe exceed pace, with this Athletes Village, but are you concerned at all with how money is being spent — on coaches, on facilities, just in general in college athletics?
MC: Well, you know, I heard (football coach) Tracy Claeys talking when I got here, on the Gopher Road Trip, and he says, ‘It’s not an arms race; it’s an investment in kids.’ And I truly believe that. Are they facilities? Yes. But are they an investment in kids? The answer is definitely yes. And over the last 24 to 36 months, there’s been a huge emphasis by the NCAA on the student-athlete welfare side and their experience as a student. When you create an Athletes Village — with the leadership center, performance center, a nutrition center — those are all things that are going to benefit our students. So I don’t look at it so much as an arms race but rather an investment in students, and that’s an investment in the future, for all of us.
http://www.twincities.com/2016/09/09/gophers-ad-mark-coyle-on-fundraising-facilities-and-the-future/
Go Gophers!!