50 Alumni Boosters = 50 Million $ (maybe)

[isutoad]

I think when people talk about money and Cyclones fan support most forget about the farmers. 100 acres of good farmland can be worth $650,000 to 800,000. A lot of people own many more than 100 acres. I am just saying there is money around.

 

[CyCrazy]

I think when people talk about money and Cyclones fan support most forget about the farmers. 100 acres of good farmland can be worth $650,000 to 800,000. A lot of people own many more than 100 acres. I am just saying there is money around.

That isnt liquid money though, and its not like the farmers are going to sell/give that up for the ISU athletic program

 

[CyAg]

And, when we have donors who say they were asked to give a large contribution, no one believes them.

We are a funny bunch.

 

[cygrads]

I can think of three without trying or doing research. The guy who was in on the founding of Hooters, and the CEO of the bank of Hawaii are both grads of the ISU college of business. I also think there is a CEO/high Executive of either Boeing or Lockheed who is an ISU Aero E grad.

If I'm right about the Aerospace guy I have 3 and haven't even done the research. I'd guess there are probably quite a few in the Ag/Chemical engineer types as well. 50 multimillionaire alums isn't the issues, 50 that care enough about athletics to drop a million for the good of the program is.

Have not read the whole string yet but President of Wells Fargo Home Mortgage is an ISU grad.

 

[83Clone]

Have not read the whole string yet but President of Wells Fargo Home Mortgage is an ISU grad.

Cara Heiden-yes big ISU booster

 

[TyCy]

The point I took away from the article was not so much the money, but that the Alumni now wanted a seat at the table....?

They want to be a part of the decision making process, a vote on the items that pertain to where their money is going.

At the UND we had a Alumnus that got the President, AD both terminated and then donated over 120 Million to build maybe the best College Hockey Arena in the Nation. He has since passed away, if still alive would he or should he be calling the shots...?

Do we have any alumni who own several casinos like Ralph E?

 

[coachdags]

Do we have any alumni who own several casinos like Ralph E?

I'm not sure on that....?

But Alumni / Donors use to be willing to donate money for the program or facilities and in some cases with large donations simply naming a Floor, Building, Court, Wall, ect...something after them was enough of recognition for the donation.

Now the 50 for 50 Club wants to be decision makers in the way the Athletic Department / Teams / Facilities are operated.

Is College Athletics moving into the area of Team Owners (Alumni / Boosters)....?

 

[kingcy]

I'm not sure on that....?


Now the 50 for 50 Club wants to be decision makers in the way the Athletic Department / Teams / Facilities are operated.

That would be a train wreck. The big boosters already have a say now.

 

[SludgeMonkey]

So you mean schools like Clemson, Va Tech, Auburn, Michigan State, all with very similiar academic profiles to ISU, should not have the huge donor giving that they enjoy?
How in the world do they do it then?

So would a school like Miami then have a lot of drug dealers that can launder some cash over to Donna Shalala?