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re: Kansas donor donates $300 Million to football

Posted on 8/13/25 at 8:54 pm to
Posted by Bass Tiger
Member since Oct 2014
53871 posts
Posted on 8/13/25 at 8:54 pm to
Some dude who I assume graduated from KTurd is dropping $300 million on a basketball school? I'm not saying KTurd doesn't occasionally field a decent football team, like every 25-30 years, still, $300 million is impressive. I think T Boone Pickens has dropped over $500 million on OSU so this KTurd donor still has some work to do.
Posted by Bass Tiger
Member since Oct 2014
53871 posts
Posted on 8/13/25 at 8:57 pm to
quote:


The Les Miles tenure at Kansas will be very forgettable.


As a baw from Missouri...my favorite hire.
Posted by SoDakHawk
South Dakota
Member since Jun 2014
10057 posts
Posted on 8/14/25 at 8:25 am to
Kansas has been pouring money into their football program (stadium, etc) because they are angling for a Big Ten invite. They don't want to get left behind.

$5 billion net worth. $300 million is couch cushion change for this guy. A rounding error.
Posted by jb4
Member since Apr 2013
13708 posts
Posted on 8/14/25 at 8:28 am to
FU money is now KU money
Posted by notsince98
KC, MO
Member since Oct 2012
21416 posts
Posted on 8/14/25 at 8:48 am to
quote:

$75 million going to football stadium. $225 million going to football in some form


Most of it ends up at the stadium. THey had to stop halfway through because they ran out of money and if I remember right, the total bill to finish the stadium was over $200 million. They can say whatever they want but that is where the money IS going.
Posted by TheDeathValley
Louisiana
Member since Sep 2010
20139 posts
Posted on 8/14/25 at 9:02 am to
quote:

A fool and his money...



If I had $5b in the bank, I would be pumping "fck you" money into LSU every year.

$1,000,000 a year to every 5* recruit
$750,000 a year to every 4* recruit
$500,000 a year t0 every 3* recruit

Call it $100,000,000 a year. For $300,000,000, I would hope to to a least win one title. Create a Dynasty.
Posted by holdmuh keystonelite
Member since Oct 2020
3731 posts
Posted on 8/14/25 at 9:12 am to
I'm actually surprised this hasn't happened yet. How is there not someone out there with billions that are huge football fans and have bought like 30 of the top 40 recruits every year by now?
Posted by JeniverJonez
Maryland
Member since Jul 2021
195 posts
Posted on 8/14/25 at 9:58 am to
If I had Elon money I would donate crazy money to some random school with an underwhelming football team....preferably one next to a blueblood. Like Bowling Green! Why?

1. For comic relief watching them assemble the greatest team in college football at the expense of that blueblood.

2. Force the P2 to actually create a viable system with a salary cap and rules. Once Ohio State and Co. realizes there are crazy people with money who can blow the doors off all their donors they will sing a different tune.

Edit: Yes of course I would do the same for WVU. But that would not change college football. All that would do is get us in the SEC.
This post was edited on 8/14/25 at 10:10 am
Posted by notsince98
KC, MO
Member since Oct 2012
21416 posts
Posted on 8/14/25 at 10:17 am to
it has. It is Oregon. They currently have a blank check.
Posted by WuShock
Metairie
Member since Aug 2018
1388 posts
Posted on 8/14/25 at 10:46 am to
quote:

THey had to stop halfway through because they ran out of money and if I remember right, the total bill to finish the stadium was over $200 million.

This is inaccurate. They always planned for two phases in order to be able to play in the stadium this season. If they had done it all in one phase, it would have taken two full seasons. They got a $25M donation last week from another donor, and only $75M of this is needed since the remainder is funded by bonds from the city of Lawrence and the state.

Booth is a founder of one of the first ever index funds back in the 1970’s. He’s known for being a philanthropist: donated $300M to the University of Chicago in 2008, has an endowment fund for the New York Museum of Modern Art, $10M to the University of Texas in 2018. The guy has pledged to donate over half of his wealth before he passes, and this was essentially his final donation to Kansas. It was a one-time gift that KU can used for the immediate future instead of being stretched out in smaller amounts over 10 years.
Posted by notsince98
KC, MO
Member since Oct 2012
21416 posts
Posted on 8/14/25 at 12:04 pm to
I work with the design architects. I can tell you with 100% certainty the original plan was to do the whole stadium in one go and then when the money ran out they revised things to allow an indefinite pause at the halfway completion mark because they had no idea when they'd have the rest of the money.
Posted by Globetrotter747
Member since Sep 2017
5329 posts
Posted on 8/14/25 at 12:24 pm to
quote:

If I had $5b in the bank, I would be pumping "fck you" money into LSU every year.
$1,000,000 a year to every 5* recruit $750,000 a year to every 4* recruit
$500,000 a year t0 every 3* recruit

Call it $100,000,000 a year. For $300,000,000, I would hope to to a least win one title. Create a Dynasty.

frick all that. People care too much about college football.
Posted by WuShock
Metairie
Member since Aug 2018
1388 posts
Posted on 8/14/25 at 2:50 pm to
quote:

I can tell you with 100% certainty the original plan was to do the whole stadium in one go and then when the money ran out they revised things to allow an indefinite pause at the halfway completion mark because they had no idea when they'd have the rest of the money.

This is significantly different than the way you phrased the first piece. They might have preferred to do it in one go when they originally talked about it, but they split the project into phases before construction even began to ensure funding was in place for the stadium AND development around the stadium. Your other comment sounded like they started building then just had to stop without a plan. They gave themselves plenty of runway to secure the funds for the second half of the project.
This post was edited on 8/14/25 at 2:51 pm
Posted by Jrv2damac
KS (mountain time)
Member since Mar 2004
72346 posts
Posted on 8/14/25 at 4:09 pm to
quote:

They can say whatever they want but I’m gonna stick to my bullshite talking point and fuzzy math because I’m a missouri trashcan


Fify
Posted by Jrv2damac
KS (mountain time)
Member since Mar 2004
72346 posts
Posted on 8/14/25 at 4:11 pm to
quote:

Some dude who I assume graduated from KU is dropping $300 million on a basketball school?


“Lulz you won’t compete in nil cuz poor”

Now

“Lulz $300m gon be wasted”

Posted by holdmuh keystonelite
Member since Oct 2020
3731 posts
Posted on 8/14/25 at 4:41 pm to
quote:

frick all that. People care too much about college football.


Football gives a lot of people great joy. The same way people enjoy spending thousands and millions on cars, boats, vacations, luxury watches, guns, etc. What would you spend your money on if you had billions?
Posted by Globetrotter747
Member since Sep 2017
5329 posts
Posted on 8/14/25 at 9:14 pm to
quote:

Football gives a lot of people great joy. The same way people enjoy spending thousands and millions on cars, boats, vacations, luxury watches, guns, etc. What would you spend your money on if you had billions?

I would continue to travel the world and have more time to do long hikes and mountain climbs. Accomplish things through my own self determination.

I like watching athletes compete, but I don’t give a flying frick who wins.
Posted by TheDeathValley
Louisiana
Member since Sep 2010
20139 posts
Posted on 8/15/25 at 10:20 am to
quote:

frick all that. People care too much about college football.



I promise you if KSU uses this and makes the playoffs, or somehow wins the CFP, Booth will be immortal to them and bring happiness to a whole lot of people.
Posted by Jrv2damac
KS (mountain time)
Member since Mar 2004
72346 posts
Posted on 8/15/25 at 5:53 pm to
What is your highest mountain

Posted by Jrv2damac
KS (mountain time)
Member since Mar 2004
72346 posts
Posted on 8/15/25 at 5:53 pm to
Don’t ever call us KSU again

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