Discussion in 'Colorado Football Message Board' started by Duff Man, Jan 24, 2015.
Goal is $105 million.
Bigger focus on endowment in this new drive.
That is awesome. Wow
This is all coming from Ringo's twitter feed FWIW.
God dammit. Not really 105. Really, there's already a thread
$500K already given to the new campaign.
NE building in the facilities project will be called the "Champions Center"
George saying we are not "competitive with our peers" when it comes to endowments.
New sports medicine facility will be called the "CU Sports Medicine and Peformance Center" (from RG twitter)
The $72 million number from 1,200+ gifts via 800+ donors.
I've donated. Who else has?
So many projects and worthwhile charities, so little money to donate.
I don't know what that means. I thought that was one of their excuses for being thrifty.
That makes sense.
Addressed that Balch and the inside of the Keg were priorities for upgrades.
I think the DiStefano comments were important. They were looking to the past and didn't have a plan for the future within the new landscape of college sports.
Eyes seem to be opening.
Too bad this was required to open eyes......
RG is God
$72 mil / 800 donors = $90,000 average
No bragging allowed for below average donors.
Didn't quite hit the average
Mods, can we move this to the politics forum?
We have a real world example of Obama-nomics.
This project, more than anything, should give us all confidence that CU will be back on top. It's not just a "keeping up with the Joneses" or "me too" type project. This is special and distinctive. From a training, diagnosis, and rehabilitation standpoint, this is innovative. From a design standpoint, it leverages the "wow" of the greatest scenic setting in college football to impact recruits. There's efficiency built in to get everything onsite to best manage the weekly hours of practice time that gains over 20 minutes a day that was wasted walking up and down the hill to the practice fields that are currently across the creek and also to have a weight room dedicated to football that will avoid standing in line waiting to get on a station.
Beyond that, enhancements to the revenue potential of Folsom and a massive increase to fan experience with seating options, more Club Rooms and the creation of Beer Gardens and pre-game options. We'll finally have a team store at Folsom. And I'm very excited to see what the plans end up being for the West side, including Balch. Also, the CEC plans which should make basketball a much more important profit center. Could MBB revenues get to the point where, along with incremental revenue increases from WBB and WVB, we get to the point where court sports are self-sustaining as a group without needing funding from football? I believe so. Tied into this revenue, which is vital to fixing the AD budget problems of the past, the push to raise endowments is huge. While the majority of funds being raised are for cash to put toward creating of performing assets (either revenue-generating or player recruitment & development), raising endowments will have a long-term effect of reducing AD costs. With cost containment coupled with increased revenue, CU will be able to deliver so much more... even position itself to add new sports down the road.
I'm very excited. CU is finally buying its big boy pants.
Interesting map, is this MM's salary?
And it gets better still. The space will introduce the CU campus and sports facilities to completely new demographics. Google Earth or other local businesses will be renting out the terrace and conference rooms. For many business travelers from around the region and from all over the world, this will leave their first impression of CU. Some who attend these functions, or use the sports medicine services, or attend the indoor track meet will experience the wow factor outside of game day will want to come back to get the full-on Saturday experience. Ka-Ching, more ticket sales.
But will we be able to book a Lady Gaga concert like the sheep will with their new corral?
While it didn't happen yesterday (as speculated), we should be getting an announcement soon according to Adam that RG has secured home-and-homes with some P5 opponents for the future schedules. Looking at what's currently been locked in, we're at least 5 years into the future on that and timing with the end of the current CSU contract. 2020 is the first year that CU doesn't already have 3 non-con games scheduled and 2021 is the first year after the CSU agreement expires. http://www.fbschedules.com/ncaa/pac-10/colorado-buffaloes.php
The blue, orange, and green states don't take their football seriously enough.
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