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College and University Discussion
Reply to "College Football--Big Ten Expansion"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]SMU, CAL, & STANFORD to become new ACC members. SMU will receive no TV revenue for 9 years. Cal & Stanford will start by receiving 30% shares each. https://cbssports.com/college-football/news/acc-votes-to-add-stanford-cal-smu-conference-presidents-approve-expansion-to-18-schools/[/quote] [b]I hope SMU got the pledges from donors vowing to support the athletic department in writing[/b]. I wonder what non-revenue sports will get cut at Stanford and Cal once the athletics department realizing how much travel will cost [/quote] I suspect that SMU donors and supporters did it even better than in writing by giving assurances in cash.[/quote] I don’t think people understand how much money the SMU alumni have. Last year, SMU was in the middle of a $1.5 billion general fundraising campaign and in the process, they raised the $100 million for the new end zone complex at the stadium in just a few months, with about ten plus 7 & 8 figure donations (and that was when being readmitted to a power 5 conference was still just a dream). I looked at the general fundraising page and there are over 170 donors of $1 million or more (the campaign is ongoing, but they were at $900 million as of last fall). I haven’t looked at it in detail, but someone said there are 8 billionaires on the SMU board, and just with a quick perusal of the names, I believe it. I get the alumni magazine, and every issue has multiple “Mr. & Mrs. X just gave $30 million for Y new building/program” notes.” The alumni who attended SMU during the Eric Dickerson “Pony Express” pre-death penalty years are now in their peak $$$/thinking about their legacy years, including Clark Hunt, owner of the Kansas City Chiefs, and former SMU football player & Colts owner Jim Irsay, and they’ll make sure $$ isn’t an issue. The timing of this ad campaign was not a coincidence: https://www.youtube.com/watch?v=kid_-ZrHVfU[/quote]
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