Sid: No one has come up as a major contributor for facilities yet

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BleedGopher

BleedGopher

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per Sid:

Tough raising money

The $190 million fundraising campaign to improve the Gophers athletics facilities apparently is going to take time.

If that wasn’t the case, they wouldn’t be making the temporary improvements to the gym and locker rooms at the Bierman Building for the Gophers men’s basketball team, or similar temporary improvements to the football coaches’ offices in the Gibson-Nagurski Football Complex, or some of the other minor facility upgrades currently underway.

Then you also have the $8 million the Gophers are trying to raise for improvements to Mariucci Arena.

The word on the street is that athletic director Norwood Teague has a good chance to get large sums of money from Land O’Lakes, 3M and possibly Cargill. But no one has come up as a major contributor to provide for the big needs of the facilities, improvements that would enable Gophers to compete in recruiting with schools that have an advantage.

http://www.startribune.com/sports/twins/265914241.html?page=all&prepage=1&c=y#continue

Go Gophers!!
 


Sid said it so it must be true.
 

Tell us something we don't know, Sid. It's the U of M athletic department. Did we actually expect to have success?
 


BleedGopher said:
per Sid:

Tough raising money

The $190 million fundraising campaign to improve the Gophers athletics facilities apparently is going to take time.

If that wasn’t the case, they wouldn’t be making the temporary improvements to the gym and locker rooms at the Bierman Building for the Gophers men’s basketball team, or similar temporary improvements to the football coaches’ offices in the Gibson-Nagurski Football Complex, or some of the other minor facility upgrades currently underway.

Then you also have the $8 million the Gophers are trying to raise for improvements to Mariucci Arena.

The word on the street is that athletic director Norwood Teague has a good chance to get large sums of money from Land O’Lakes, 3M and possibly Cargill. But no one has come up as a major contributor to provide for the big needs of the facilities, improvements that would enable Gophers to compete in recruiting with schools that have an advantage.

http://www.startribune.com/sports/twins/265914241.html?page=all&prepage=1&c=y#continue

Go Gophers!!
Click to expand...

Tough raising money? Of course it's tough raising money, that's why it's NOT referred to as fun raising. I'm not sure why all this talk about Land O’Lakes, 3M and possibly Cargill maybe, perhaps, possibly funding this effort (we might as well wait for Sid to donate his fortune [whatever Bernie-has-not-yet-Madoff-with] toward the build). I say we demand of our governmental administrators and legislators, that they apply the pro sports franchise model to this challenge and go directly to state tax payers for the needed money. And hey, Williams Savings and Loan Arena doesn't sound so bad...does it?
 

We could ask the metropolitan pan handling union for a donation. They could really get the ball rolling.
 

How much does the price of the complex go up for each year it fails to get built? Is the cost estimate based on a set construction date? If not the price is certainly higher than the initial $190 million figure. I would guess the complex will cost well in excess of $200 million if the complex isn't built soon without scaling back.
 




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