DC Bobby Hauck out at Illinois

[JKR]

It is an interesting question. Say they spent $70M on the stadium. They could have invested the money at 6% return and received $4.2M annually without touching the money. Would you rather:

1) have the upgrades we made and be done or

2) have an extra $4-5M EVERY YEAR to spend on players AND keep the $70M

I doubt the $100M was donated all at once up front. I'd expect it was pledged, with the actual funds to roll in over a period of years. I could be wrong.

 

[Mike55]

I’m trying to say why is he spending money on vanity projects instead of things that will actually help the team win football games.

When you donate $100M, your opinion will carry more weight.

 

[Grandpa]

Alum says that he thinks that the football stadium could use a major facelift and that he is willing to write a big check to ge it done.

Loyalty, "Well, we want your check, but we will decide how to spend it."

Alum has his butler slap Loyalty in the face.

 

[1970 John]

The entitlement here is astounding. Guy gives $100M on top of hundreds of millions more over the years and people complain about it.

This attitude sure as hell does not encourage more giving, I can tell you that.

Have the complainers given to ICON or I Fund? Open the wallet or quicherbichin.

 

[OrangeBlue98]

I don’t really care how Larry Gies spends his money. That’s his decision. I’m sure he also doesn’t care one bit what anyone on this site thinks of what he’s doing. You don’t become a billionaire by playing to the whims of the crowd.

I’m just not going to apologize for the opinion that between the money invested in the business school and spent on the video board that the better value is with the business school. It’s also inconsistent to say the program lacks resources. The money is there. Decisions are being made to spend those resources in certain ways. Whether that’s right or wrong isn’t for any of us to decide. Josh Whitman is ultimately accountable for that.

 

[BoiseBaller]

I just love that the year after the worst P5 program in history and mortal enemy wins the NC, our battle cry is “11 guys and tackle!”
Sigh.

IU’s ascension makes where we are at feel infinitely worse.

 

[BretMyBeachHouse]

I don’t really care how Larry Gies spends his money. That’s his decision. I’m sure he also doesn’t care one bit what anyone on this site thinks of what he’s doing. You don’t become a billionaire by playing to the whims of the crowd.

I’m just not going to apologize for the opinion that between the money invested in the business school and spent on the video board that the better value is with the business school. It’s also inconsistent to say the program lacks resources. The money is there. Decisions are being made to spend those resources in certain ways. Whether that’s right or wrong isn’t for any of us to decide. Josh Whitman is ultimately accountable for that.

Well, if a donor wants to make a donation with strings attached Whitman has the option to accept or say no.

In the alternate universe where he says no, we have some on the board saying the only thing standing between us and a playoff bid is an upgrade in facilities.

I understand where people are coming from. If someone gave me the option of successive NIL donations of 10,15, 15,20,20, and 20 million vs. The stadium upgrade , I'd pick the NIL. I don't think that choice was given to Whitman.