Bama has started 10 year & $600M initiative to improve facilities

Omar's Coming Yo!

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Alabama Athletics has a legendary reputation for excellence and championship programs. In order to maintain and build upon this reputation and to ensure the Crimson Tide remains at the forefront of collegiate athletics, Alabama Athletics is embarking on a ten-year, $600 million initiative.

The Crimson Standard: A Capital Initiative for Alabama Athletics 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.

Nearly every facility within the Athletics Department will be enhanced and some will be completely renovated and modernized. Three of the highlights of The Crimson Standard will be Bryant-Denny Stadium, Coleman Coliseum and the Mal M. Moore Athletic Facility.

In addition to significant capital improvements, emphasis will be placed on the Crimson Tide Scholarship Fund (the annual scholarship fund) and scholarship endowment. Securing scholarship support will be vital to the financial health of Alabama Athletics.

All projects are subject to approval of The University of Alabama Board of Trustees, presidential approval and fundraising success.

The Crimson Tide Foundation

 

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GatorJ

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Eh. You still have to live in Alabama…

 

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MJMGator

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A new thread for the Professor.

 

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BNAG8R

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Doesn’t matter. Our Quidditch team will still kick their Quidditch team’s ass.

 

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Swamp Donkey

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Yeah but AAU!

And we are Debt Ratio Champions!

If there is ever a second great recession, they will implode.

 

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Jake from State Farm

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Penis envy is very FSU!

 

Swamp Donkey

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Jake from State Farm said:

Penis envy is very FSU!

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Id just like to catchup to Cowbell and Kintucky!

 

Gator Fever

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All that and they can't even win the all around sports trophy.

 

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GR8 2B

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Gator Fever said:

All that and they can't even win the all around sports trophy.

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Disgraceful. Their AD should be fired.

 

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Swamp Donkey

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GR8 2B said:

Disgraceful. Their AD should be fired.

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Their AD was the one that built everything at Cowbell.

 

Last edited: Aug 16, 2018

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78

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$600m over 10 years? What kind of money are these azzholez pulling from endorsements? They're quoting $143m from boosters, but that's still a $45.6m per year finance over 10 years. That's crazy money.

 

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BMF

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'78 said:

$600m over 10 years? What kind of money are these azzholez pulling from endorsements? They're quoting $143m from boosters, but that's still a $45.6m per year finance over 10 years. That's crazy money.

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Amazing. And there's a 16 page pissing contest about how great our former AD was at leveraging our finances. We STILL haven't joined the dreaded "arms race"!

 

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78

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BMF said:

Amazing. And there's a 16 page pissing contest about how great our former AD was at leveraging our finances. We STILL haven't joined the dreaded "arms race"!

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This is going to have some very bad consequences. For college athletics, I mean.

 

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-THE DUDE-

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This is the year!!!

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BMF said:

Amazing. And there's a 16 page pissing contest about how great our former AD was at leveraging our finances. We STILL haven't joined the dreaded "arms race"!

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By the time we get started on our plans to catch up the others will be busy enhancing and passing right on by. Our plans are already outdated

 

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78

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It's going to lead to spending caps.

 

Bushmaster

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'78 said:

$600m over 10 years? What kind of money are these azzholez pulling from endorsements? They're quoting $143m from boosters, but that's still a $45.6m per year finance over 10 years. That's crazy money.

Click to expand...

I am shutting down my practice and opening a mobile home refinance company in Alabama.

 

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NVGator

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'78 said:

$600m over 10 years? What kind of money are these azzholez pulling from endorsements? They're quoting $143m from boosters, but that's still a $45.6m per year finance over 10 years. That's crazy money.

Click to expand...

Don’t they know they have to plans these things with shear profit? No way their books are showing that much revenue.

 

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Swamp Donkey

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-THE DUDE- said:

By the time we get started on our plans to catch up the others will be busy enhancing and passing right on by. Our plans are already outdated

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Stricklin just walked back to the car from the gas station, gas can in hand. Fooley and his UAA board friend insisted on only putting two gallons in the 5 gallon gas can, saving the rest of the money for a rainy day.

Meanwhile, Bammer, on the horizon, merely a glint of sunlight flashing of their rear bumper, can be heard shifting from fifth to sixth as the angry supercharger growls.

Yeah, now we are back in the race.

 

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Swamp Donkey

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BMF said:

Amazing. And there's a 16 page pissing contest about how great our former AD was at leveraging our finances. We STILL haven't joined the dreaded "arms race"!

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Two or three years from now, maybe.

 

rogdochar

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Omar's Coming Yo! said:

In addition to significant capital improvements,

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Wouldn't capital be improved best by adding to it, not extracting from it ?