[quote=“Evan Ceg, post:3, topic:1353”]Believe me, the AD would be happy to accept donations for coaching and scholarship endowments for the basketball programs. We don’t need to build a new BB facility, although a donor-paid second practice court would be nice. And if you wanted to create an endowment for enhanced marketing of BB, I’m sure that would be welcomed, too.
The Battista appointment is smart and expected.
I don’t believe it was mentioned at the press conference, but earlier reports had Pegula money divided as $75 million for the construction of the arena and $13 milli0on for a scholarship endowment. I wonder how many of the 18 scholarships for men and 20 for women’s hockey are covered by the annual interest generated from a $13 million endowment?[/quote]
The article on Philly.com said 18 and 18. I thought endowments were $500k each now. That would mean $18 million total for endowments and $70 million for the arena. Of course the article could be wrong. But Mr. Pegula was quoted as saying he is funding 36 scholarships as part of his donation.
Edit: Here is a link