Smith donated $20 million toward what was intended to be a $50 million facility when the gift was announced in January 2007, but construction was repeatedly delayed.
The training center was part of a the university's grand plan for an athletics village to be funded through a $165 million donation from T. Boone Pickens, but only renovations to the football stadium have been completed so far.
Pickens invested the money and at one point grew the funds to $407 million, but then lost $282 million when the economy faltered.
Smith passed away on June 6, and Holder said his family has allowed the university to use his gift to build the facility instead of as an endowment as it was originally announced.
CFH HMagic bball season next year.
Let my Fred's Four Horsemen ride: Georges, Hogue, Nader, and McKay.
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