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> university leadership that's choosing to make large capital expenditures SUNY Binghamton recently received a private donation of $60 million, with a rule fro
by francisofascii 3y ago
> university leadership that's choosing to make large capital expenditures
SUNY Binghamton recently received a private donation of $60 million, with a rule from the person donating it had to be spent on a new baseball stadium. Do you think the university leadership should have declined the offer?
- pc86 3y agoIf it costs more than $60 million to build the stadium, sure. What good is a $60 million donation if it costs you $100 million on something you weren't going to buy in the first place?
- Brusco_RF 3y agoBecause now you have a $100M stadium that you only paid $40M for. That stadium generates revenue. You just need to make sure the numbers work
- davewashere 3y agoThis is lower tier D1 baseball in the Northeast, so revenue is going to be minimal.
- pc86 3y ago> You just need to make sure the numbers work The entire point of this thread is that universities aren't doing that, because they're accepting $100 million donations with quarter-billion dollar lifetime price tags tied with them.