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Post by catamountfanatic07 on Feb 29, 2020 12:21:23 GMT -5
This is what I have picked up from sources (her talks, significant donors, administrators), the total Master Plan has a price tag of well over $100 million. The first phase is about $60 million. She is willing to take on half of that with fees, indebtness, etc. but the other half will have to be private money. Hence the hiring of Alex Gary. I think she, unlike a couple unnamed predecessors, understands the impact that quality facilities can have on athletics success. That’s 100% correct. 30 mill will have to be picked up by donors/private money or nothing happens.
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Catback
Redshirt Freshman
The 2022-23 SoCon Football Pick'em Champion
Posts: 471
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Post by Catback on Feb 29, 2020 12:30:52 GMT -5
Too early for me to have a definite opinion of Brown. I am used to talk and no action coming out of Cullowhee. Give her a couple years and we shall see.
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Post by wcugamer2 on Feb 29, 2020 13:34:00 GMT -5
Where do significant private money come from? The casino? Coke/Pepsi? Budweiser?
I don't know how many donors we have that can write substantial enough checks to cover $30M, my guess is very few
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Post by FLCATAMOUNT on Feb 29, 2020 14:54:05 GMT -5
This is what I have picked up from sources (her talks, significant donors, administrators), the total Master Plan has a price tag of well over $100 million. The first phase is about $60 million. She is willing to take on half of that with fees, indebtness, etc. but the other half will have to be private money. Hence the hiring of Alex Gary. I think she, unlike a couple unnamed predecessors, understands the impact that quality facilities can have on athletics success. That’s 100% correct. 30 mill will have to be picked up by donors/private money or nothing happens. Then nothing will happen. We do not have the alumni base to generate that kind of cash from private donors and we do not have a business base in Western North Carolina that cares enough about WCU to donate that kind of money to athletics. Also just like before, they will spend more on non-revenues sports than they do on football. Last time in circa 2000, the university spent more than twice what they spent on football facilities on the track and a women’s softball field. What a waste of money.
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Post by catamountalum04 on Feb 29, 2020 17:09:28 GMT -5
I am wondering the same thing. Can the private money be raised? I will say this. The fanbase did an outstanding job raising money for the turf. I don't remember the total amount though
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Post by realoldcatamount on Feb 29, 2020 19:55:16 GMT -5
I will say this and then let it rest. I know there are a half dozen WCU alums that have strong interest in our athletics program and could, if courted in the right way (naming), lay out $5 million or more and a couple dozen that are capable of $1 million or more. It will take a lot of work...knowing which angles to pursue...but this is what Alex Gary has been doing for awhile. He needs a lot of help identifying those type donors as many have not been properly approached in the past.
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Post by catamountfanatic07 on Feb 29, 2020 20:38:42 GMT -5
I will say this and then let it rest. I know there are a half dozen WCU alums that have strong interest in our athletics program and could, if courted in the right way (naming), lay out $5 million or more and a couple dozen that are capable of $1 million or more. It will take a lot of work...knowing which angles to pursue...but this is what Alex Gary has been doing for awhile. He needs a lot of help identifying those type donors as many have not been properly approached in the past. Yep you are 100% correct that there are probably 6 that could easily drop 5 million on our program and the nice thing is that a couple of them that I know personally are probably ready at the right time to do so.
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Post by wcatradio75 on Mar 1, 2020 8:55:20 GMT -5
Didn't last year's campaign (for general $$ - not athletics) raise $60M? Who says we can't get $30M for athletics?
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Post by catamountfanatic07 on Mar 1, 2020 9:01:15 GMT -5
Didn't last year's campaign (for general $$ - not athletics) raise $60M? Who says we can't get $30M for athletics? Yes 60 million in 5 years and they finished early. Only caveat is that around 1/2 I believe was planned giving that they will not see for many many years. Athletics will have to be cash in hand and not planned gifts, but it does show the school can raise that kind of money
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