OT: Alabama athletics announces $600m capital initiative 'The Crimson Standard'

[huskymedic]

Alabama athletics announces capital initiative 'The Crimson Standard'

>>The university announced Thursday that The Crimson Standard will "transform our facilities and provide the environment necessary to recruit and train the best student-athletes and position our programs as nationally competitive in the future."

The capital initiative will add to and renovate existing facilities including the addition of a multi-level sports science center, new football locker rooms, a state-of-the-art medical treatment center among other things.<<

 

[uconnfan68]

They need to pay their fair federal tax share first.

 

[lne001]

They need to pay their fair federal tax share first.

Pardon. Who are 'they', and what is 'their' fair tax and how is that determined.

 

[uconnfan68]

Pardon. Who are 'they', and what is 'their' fair tax and how is that determined.

“They” need to have the same deal “we” do.

 

[Chin Diesel]

They'll hit that goal no problem.

Plenty enough money to make it happen.

 

[Adios]

That's the kind of money being invested in college athletics at a single institution now? Unreal.

Might as well buy athletes capes for when they fly.

 

[Nostical]

Despite the apocolyptic pronouncements of the doomsday crowd, it appears there are deep pocketed folks with long time horizons who clearly believe football is here to stay.

 

[History Geek]

Futures markets are usually good predictors.

 

[CL82]

Futures markets are usually good predictors.

.... because they are representative of a lot data points. Kind of different here, no?

 

[History Geek]

.... because they are representative of a lot data points. Kind of different here, no?

Point taken

 

[Alibi Ike]

About ten years ago Tennessee spent $250 million to make improvements to Neyland stadium. Now they are getting ready to spend another $350 million to make more improvements in the stadium and its athletic facilities.

 

[bmayuc]

I'm sure there is just no better use of that $$

https://www.usnews.com/news/best-states/alabama

 

[Scrutineer]

About ten years ago Tennessee spent $250 million to make improvements to Neyland stadium. Now they are getting ready to spend another $350 million to make more improvements in the stadium and its athletic facilities.

If you travel outside the Northeast you'll see a boom going on and that boom fuels spending like this.