Jump to content

UNT Athletic Endowment?


Recommended Posts

Rice is making progress towards building a $100,000,000 athletic endowment. I know Wren has done many great things since taking over at UNT, but is this something on his radar? I'm sure he is aware of Rice's ambitions, but I'm wondering if we are currently working towards something similar at UNT, or if it is something we need to get in place too. $100 million is probably not a realistic goal, but a multi-million dollar athletic endowment would certainly benefit our athletic department both financially and in perception. Thoughts?

https://riceowls.com/documents/2019/4/7//Rice_Athletics_2019_2023_Strategic_Plan_WEB.pdf?id=8790

  • Upvote 2
  • Haha 1
Link to comment
Share on other sites

On 7/13/2021 at 2:57 PM, Hunter Green said:

Isn't that the purpose of the MGSF?

No. The fund directly pays for a fraction of athletic scholarships. The AD budget pays the rest. That is why they want more members, so that the scholarships are paid and the AD budget can spend on other things. 
An athletic endowment would be millions of dollars that we put in an investment fund and pay the scholarships off the interest. We are tens of millions away from considering that🚀

Link to comment
Share on other sites

On 7/11/2021 at 8:39 PM, Side.Show.Joe said:

Rice is making progress towards building a $100,000,000 athletic endowment. I know Wren has done many great things since taking over at UNT, but is this something on his radar? I'm sure he is aware of Rice's ambitions, but I'm wondering if we are currently working towards something similar at UNT, or if it is something we need to get in place too. $100 million is probably not a realistic goal, but a multi-million dollar athletic endowment would certainly benefit our athletic department both financially and in perception. Thoughts?

https://riceowls.com/documents/2019/4/7//Rice_Athletics_2019_2023_Strategic_Plan_WEB.pdf?id=8790

Rice has always had a nice endowment. They really have a few athletic fans who care about their Rice Owls, probably old ones from the SWC days. I think they know that they can compete at his level and they love that they always get UT on the schedule for home and home every year.

  • Upvote 2
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.



  • Tell a friend

    Love GoMeanGreen.com? Tell a friend!
  • What's going on Mean Green?

    1. 12

      You've heard of Hook 'em, Gig 'em, Wreck 'em, Sic'em, what about...

    2. 0

      SB at Charlotte (5/3-5/24)

    3. 14

      Texas Tech season tickets sold out this year

    4. 14

      Texas Tech season tickets sold out this year

  • Popular Contributors

  • Member Statistics

    • Total Members
      15,381
    • Most Online
      1,865

    Newest Member
    KeithSHU
    Joined
×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue. Please review our full Privacy Policy before using our site.