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Michigan has a wealthy sugar daddy
Posted on 9/4/13 at 8:57 am
Posted on 9/4/13 at 8:57 am
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!
Posted on 9/4/13 at 8:58 am to Indiana Tiger
Cool
Posted on 9/4/13 at 8:59 am to Indiana Tiger
Damn. $200M gift.
For the record: LSU has one gift over $100M in its history and the next largest is $25M.
For the record: LSU has one gift over $100M in its history and the next largest is $25M.
This post was edited on 9/4/13 at 9:01 am
Posted on 9/4/13 at 8:59 am to Indiana Tiger
Cool. Still won't be able to recruit with Bama, LSU or, most importantly, Ohio State.
Posted on 9/4/13 at 9:00 am to Indiana Tiger
200 mil? I'd hit it.
Posted on 9/4/13 at 9:01 am to Indiana Tiger
Just when I thought we may be getting behind in the arms race.
Posted on 9/4/13 at 9:01 am to Indiana Tiger
Holy shite
For that much i better be named starting QB
For that much i better be named starting QB
Posted on 9/4/13 at 9:13 am to Indiana Tiger
We goin to da 'ship
Posted on 9/4/13 at 10:07 am to Indiana Tiger
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.
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 9/4/13 at 10:10 am
Posted on 9/4/13 at 10:27 am to Indiana Tiger
Damn. Charlie Munder donated $110 million to Michigan earlier this year.
Posted on 9/4/13 at 11:26 am to Indiana Tiger
damn dude also owns 50% of the Dolphins too. he's a real estate tycoon
Posted on 9/4/13 at 12:16 pm to Indiana Tiger
Wow
Posted on 9/4/13 at 3:35 pm to Indiana Tiger
Hey Steve...Dolphins fan here.
Why don't you use some of that crazy discretionary spending on, you know...funding that stadium upgrade you were so adamant about.
His exact words were, "The Dolphins cannot afford it."
Why don't you use some of that crazy discretionary spending on, you know...funding that stadium upgrade you were so adamant about.
His exact words were, "The Dolphins cannot afford it."
Posted on 9/4/13 at 3:49 pm to Indiana Tiger
I wonder if Les Miles will have to have his diploma changed to the Stephen M. Ross University at some point in the near future?
Posted on 9/4/13 at 10:28 pm to Indiana Tiger
Wonder how much Les donated
Posted on 9/4/13 at 11:10 pm to Indiana Tiger
That's a fat donation. Phil Knight has got to be somewhere around 400-500 mil so far for Oregon athletics alone. I'm not sure how much He gifted to the law school,Knight library, and other academics.
He also donated 105 mil to Stanford.
He also donated 105 mil to Stanford.
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