I’m more than fine with the big time Stadium upgrades as long as it doesn’t take away too much from our NIL efforts as well.
Paco,But boosters do prefer to put more money into facilities and these type of things rather than basically “buying” players that are only there 3-4 years and then likely to never be heard from again.
ABSOLUTELY AGREE !
IMO, there is a finite pool of money available for athletic (& all other) purposes; can't fund everything - all at one time.
I honestly don't know the tax structure of our current NIL$$$ organization.
But the UAA & their building fund IS a 501 (c) 3 organization & able to give tax deduction slips & since UF doesn't have the $400 MM to pay for BHG upgrades, IMO, that is extremely important.
One of our frequent posters is a CPA - perhaps he will post a few words on the tax advantages of the 501(C)3 paperwork.
$400 MM is not even the final price tag - it will end up being well OVER $500 MM -
There WILL BE Cost Overruns.
There will be a Last Second - SURPRISE !-
They will add the new South End Zone project - it's already listed in the preliminary proposal - READ IT !
UF & the UAA will be contacting everyone who ever applied to UF or walked through the parking lot, to help pay for the BHG upgrades.
Funding for NIL, hopefully, won't disappear but will certainly diminish.
Fever's thoughts that they, if needed (don't think they will be as CBN, IMO, a keeper), can find the money for CBN's $30MM buyout isn't something I would want to test out.
Let's see - buyout CBN's contract when recruiting & team on the upswing;
AND
Bring in a new unproven HFC - which will screw up everything -
OR
put your name on a new Sky Box in the South End Zone - tough choice for a well heeled booster.
Fever,
Last buyout wasn't conducted during a massive quest (shakedown) for upgrade funds.
Getting blood from a Turnip difficult.
Odds of buyout & BHG Upgrades being funded simultaneously - ZERO !
Shame we can't be like the SOW (Home of the Clown College) & get classroom status for BHG Stadium. Then the State of Florida would pick up the tab for stadium upgrades.