Truth & Rumors > NCAAF

Texas A&M breaks fundraising record with $740M

Views
2036
Comments
26

07:29 AM ET 09.18 | Texas A&M may have lost on the scoreboard this past weekend, but both SEC teams on the field were winners. Texas A&M University announced that it took in a record-breaking $740 million in donations and pledges last fiscal year. The amount is nearly $300 million higher than A&M's previous top year, and officials boast it is the highest amount ever raised by a Texas university. ... [Texas A&M Foundation President Ed Davis] said the giving was one of the greatest hauls he had seen in his 20 years with the Texas A&M Foundation. "I think it's noteworthy," Davis said. "Normally, we don't spend a lot of time beating our chest with things like this, but this year has been rather spectacular." He, too, credited much of the overall fundraising success to Texas A&M football and Heisman Trophy winner Johnny Manziel.

The Eagle

Johnny Manziel, Icon Sports Johnny Manziel, Icon Sports
September 18, 2013  07:46 AM ET

That'll nearly cover the debt they built up for several years.

But, there are aggies with money all over the place. They shouldn't have been in debt anyway.

And, they should share some more with JFF and the boys. Making that much off these kids. Shame on them.

September 18, 2013  07:59 AM ET

I don't understand why people give so much money to support a team and overpaid coaches. I can think of numerous charitable opportunities hwere it would be far more beneficial to provide $740M.

September 18, 2013  08:02 AM ET

that's a lot more cabbage than cam newton got, but no NC.

September 18, 2013  08:04 AM ET
QUOTE(#2):

I don't understand why people give so much money to support a team and overpaid coaches. I can think of numerous charitable opportunities hwere it would be far more beneficial to provide $740M.

See Texas Rusty Cows....

September 18, 2013  08:17 AM ET

The love of money is the root of all evil.

Comment #6 has been removed
September 18, 2013  09:02 AM ET

That's a lot of money!

September 18, 2013  09:05 AM ET

Joining the best conference in college football has help A&M with major donations and help put them on the national stage.

Comment #9 has been removed
September 18, 2013  09:19 AM ET
QUOTE(#2):

I don't understand why people give so much money to support a team and overpaid coaches. I can think of numerous charitable opportunities hwere it would be far more beneficial to provide $740M.

The article is mis-leading; most of the money donated has nothing to do with the football team or athletics. Most of it is for academic research, some is for the Presidential Library and some is for athletics, but certainly not the whole $700 million.

September 18, 2013  09:26 AM ET

Any questions about why schools cheat to win at football?

September 18, 2013  09:33 AM ET
QUOTE(#8):

Joining the best conference in college football has help A&M with major donations and help put them on the national stage.

FanSided was about to break a story titled "SEC Raises $740 Million" but The Eagle scooped them.

September 18, 2013  09:43 AM ET
QUOTE(#1):

That'll nearly cover the debt they built up for several years. But, there are aggies with money all over the place. They shouldn't have been in debt anyway.And, they should share some more with JFF and the boys. Making that much off these kids. Shame on them.

from what I understand, they are including all the building pledges to replace the stadium that falling apart. Another version of aggie math to count debt service and 10 year pledges all in the same year.

September 18, 2013  09:44 AM ET
QUOTE(#8):

Joining the best conference in college football has help A&M with major donations and help put them on the national stage.

When did they join the Big Ten? ;p

September 18, 2013  09:45 AM ET
QUOTE(#10):

The article is mis-leading; most of the money donated has nothing to do with the football team or athletics. Most of it is for academic research, some is for the Presidential Library and some is for athletics, but certainly not the whole $700 million.

Exactly, just like the U of M Ross article.

September 18, 2013  09:45 AM ET
QUOTE(#10):

The article is mis-leading; most of the money donated has nothing to do with the football team or athletics. Most of it is for academic research, some is for the Presidential Library and some is for athletics, but certainly not the whole $700 million.

well, read the conference champions and national championships they have painted on the wall of the stadium to see how they claim things...

September 18, 2013  10:13 AM ET
QUOTE(#10):

The article is mis-leading; most of the money donated has nothing to do with the football team or athletics. Most of it is for academic research, some is for the Presidential Library and some is for athletics, but certainly not the whole $700 million.

Well that's the reason university administrators pay for gaudy practice facilities (cf. Northwestern's reprehensible Taj Mahal), arrays of stupid uniforms (Oregon, although they're paid for by Phil Knight), and extra special tutoring for football players (everywhere). It ain't cause they love football.

September 18, 2013  10:22 AM ET
QUOTE(#13):

from what I understand, they are including all the building pledges to replace the stadium that falling apart...

What is the latest you've heard in this regard? Replace the stadium or renovate? You know the Ags and their traditions ... are they against tearing down a sacred structure and possibly disrupting Reveille's burial grounds ... or are they moving towards a greenfield approach?

September 18, 2013  10:28 AM ET
QUOTE(#18):

What is the latest you've heard in this regard? Replace the stadium or renovate? You know the Ags and their traditions ... are they against tearing down a sacred structure and possibly disrupting Reveille's burial grounds ... or are they moving towards a greenfield approach?

they're calling it a renovation, but its basically a phased complete rebuild. I think the only thing that will stay is a portion of the newer endzone section built about 10 years ago.

 
September 18, 2013  10:32 AM ET
QUOTE(#18):

What is the latest you've heard in this regard? Replace the stadium or renovate? You know the Ags and their traditions ... are they against tearing down a sacred structure and possibly disrupting Reveille's burial grounds ... or are they moving towards a greenfield approach?

and it is really pising off my BIL's dad, He's pledged over 75k for the stadium, and he will get worse seats and will have to purchase a separate seat license.

Comment

Remember to keep your posts clean. Profanity will get filtered, and offensive comments will be removed.


Truth & Rumors

MOST POPULAR

  1. 1
    Kerr 'absolutely expects' Knicks offer
    Views
    2041
    Comments
    1433
  2. 2
    No return timetable for Lightning MVP
    Views
    1515
    Comments
    219
  3. 3
    Yankees, Mets, Red Sox among Hanrahan hopefuls
    Views
    5959
    Comments
    172
  4. 4
    Niners table talks with Kaepernick
    Views
    1433
    Comments
    68
  5. 5
    Tuukka Rask takes blame for Bruins' Game 1 loss
    Views
    362
    Comments
    60

SI.com

SI Photos