Michigan has a wealthy sugar daddy | TigerDroppings.com

Posted byMessage
Indiana Tiger
Member since Feb 2005
2775 posts

Michigan has a wealthy sugar daddy


Announcement from their athletic director, David Brandon:

quote:

I am excited to formally announce a transformational and historic gift for Michigan Athletics from alumnus Stephen M. Ross. As you have seen and heard over the past year, we have impressive plans for the reinvention of our Athletic Campus. Steve shares in our vision for an Athletic Campus that will provide every student-athlete the best resources to compete at the highest level. It is because of his commitment and this shared vision that he has provided us with a lead gift of $100 million towards our fundraising campaign.

In appreciation of his incredible generosity, pending approval by the U-M Board of Regents we will be naming the athletic campus after Steve, and from this point forward it will be known as the Stephen M. Ross Athletic Campus.

We are honored to have Steve as a part of the Michigan Athletics family. Steve is a real estate developer in New York City and the owner of the Miami Dolphins. He has long been a generous donor to the University of Michigan, providing meaningful gifts to name the Stephen M. Ross School of Business and to athletics in support of the Michigan Stadium expansion and the Stephen M. Ross Academic Center. Steve has also contributed an additional $100 million to the Stephen M. Ross Business School as part of this gift. This combined gift represents the single largest donation in U-M history.

Without passionate supporters like Steve and yourself, we would be unable to achieve ambitious goals such as our transformational facilities plan. I truly appreciate your commitment to our program and your support of our vision for the future of Michigan Athletics. I hope Steve's generosity is an inspiration to you and I encourage you to learn more about how you can invest in our 31 teams and over 900 student-athletes by visiting support.mgoblue.com.

Join us…Be a Victor for Michigan!
Thank you and Go Blue!







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craigbiggio
LSU Fan
Baton Rouge
Member since Dec 2009
9211 posts

re: Michigan has a wealthy sugar daddy


Cool





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Golfer
LSU Fan
Coral Bay, St. John, USVI
Member since Nov 2005
55811 posts

re: Michigan has a wealthy sugar daddy


Damn. $200M gift.

For the record: LSU has one gift over $100M in its history and the next largest is $25M.



This post was edited on 9/4 at 9:01 am


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lsu2006
USA Fan
BR
Member since Feb 2004
13806 posts

re: Michigan has a wealthy sugar daddy


Cool. Still won't be able to recruit with Bama, LSU or, most importantly, Ohio State.





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TheBob
New Orleans Saints Fan
Metairie
Member since Jun 2005
12419 posts

re: Michigan has a wealthy sugar daddy


200 mil? I'd hit it.





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Bunk Moreland
Michigan Fan
Detroit, MI.
Member since Dec 2010
5741 posts

re: Michigan has a wealthy sugar daddy


Just when I thought we may be getting behind in the arms race.





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wildtigercat93
LSU Fan
Hammond, LA
Member since Jul 2011
40958 posts

re: Michigan has a wealthy sugar daddy


Holy shit

For that much i better be named starting QB






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TreyAnastasio
Michigan Fan
Bitch I'm From Cleveland
Member since Dec 2010
43033 posts

re: Michigan has a wealthy sugar daddy


quote:

Cool. Still won't be able to recruit with Bama, LSU or, most importantly, Ohio State.


Not up on current events, huh?






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Teddy Ruxpin
LSU Fan
New Orleans, LA
Member since Oct 2006
17974 posts

re: Michigan has a wealthy sugar daddy


quote:

For the record: LSU has one gift over $100M in its history and the next largest is $25M.



We make up for it with every Thibodeaux, Dagobert, and Homer giving a dollar or two.



This post was edited on 9/4 at 9:09 am


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HumbleNinja
Michigan Fan
Ann Arbor
Member since Jan 2011
2594 posts

re: Michigan has a wealthy sugar daddy


In about 20 years this campus is going to be University of Michigan - Ross Campus of Ann Arbor. The business school is already something to marvel at, can't imagine what this money is going to do to the athletic campus.





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JG77056
LSU Fan
Vegas baby, Vegas
Member since Sep 2010
5522 posts

re: Michigan has a wealthy sugar daddy


The chicks will still be ugly.





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KillerNut9
Ohio State Fan
Pearl Jam
Member since Dec 2007
15256 posts

re: Michigan has a wealthy sugar daddy


Les Wexner gave Ohio State $100 million back in 2011 but I think the majority of it went to the medical portion of campus. Giving that same donation twice is OT type of money.





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TypoKnig
New Orleans Saints Fan
NOLA
Member since Aug 2011
4460 posts

re: Michigan has a wealthy sugar daddy




We goin to da 'ship







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SpartyGator
Florida Fan
Member since Oct 2011
30049 posts
 Online 

re: Michigan has a wealthy sugar daddy


quote:

Giving that same donation twice is OT type of money.






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Golfer
LSU Fan
Coral Bay, St. John, USVI
Member since Nov 2005
55811 posts

re: Michigan has a wealthy sugar daddy


quote:

We make up for it with every Thibodeaux, Dagobert, and Homer giving a dollar or two.



LULZ. We look like horse shite compared to the money these schools have coming from Alumni






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SwaggerCopter
USA Fan
Aggieland
Member since Dec 2012
4145 posts

re: Michigan has a wealthy sugar daddy


One of the common arguments for not paying players is that the smaller schools can't compete. This type of donation is way more of a disadvantage to those small schools than paying players would be.

Gareth Bale was just sold to Real Madrid for roughly 130 million USD (the biggest transfer ever), and the world shook. This guy just donated 200 million bucks to Michigan.



This post was edited on 9/4 at 10:10 am


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slackster
LSU Fan
Houston
Member since Mar 2009
6013 posts

re: Michigan has a wealthy sugar daddy


Damn. Charlie Munder donated $110 million to Michigan earlier this year.





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TreyAnastasio
Michigan Fan
Bitch I'm From Cleveland
Member since Dec 2010
43033 posts

re: Michigan has a wealthy sugar daddy


Its nice to have lots of super wealthy alums.





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Geauxld Finger
LSU Fan
Baton Rouge
Member since Jan 2005
23599 posts

re: Michigan has a wealthy sugar daddy


damn dude also owns 50% of the Dolphins too. he's a real estate tycoon





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ballscaster
St. John's Fan
Brighton Beach, Brooklyn
Member since Jun 2013
5813 posts
 Online 

re: Michigan has a wealthy sugar daddy


quote:

One of the common arguments for not paying players is that the smaller schools can't compete. This type of donation is way more of a disadvantage to those small schools than paying players would be.
Smaller schools not being able to compete is why there are four NCAA football divisions. Smaller schools being unable to compete is a problem that was solved decades ago.






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