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manassashoo
Joined: 08/21/1998
Posts: 14,662
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Founder

Big money donors are endowing the non-revenue sports. Endowment includes

the cost of scholarships, coaches salaries, and operating expenses. This will insure the non-revenues will survive in the future. By doing this, the VAF will have more money to spend on football and basketball. You are correct, that most of these donors are Darden MBA's that have become investment bankers on Wall Street.
Posted: 10/08/2025 at 11:36 AM ET
(In response to this post by 1947Sunbowl)

Thread Replies (21)

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I want to see VT win and do well but this whole bidding war for players
HokiePokie95 10/08/25 12:35 AM ET
Next fig leaf is classes. Why do paid players have to be students?
Techsupport 10/08/25 04:26 PM ET
Yeah, stinks to have gone to a football school with a bunch of fellow cheap
BG Hokie 10/08/25 01:10 PM ET
correct**
AirborneHokie96 10/08/25 12:51 PM ET
It's ridiculous. I'm not donating money for players with a free education.
MikeVT85 10/08/25 12:05 PM ET
It's always been this way to a large degree. It's just more transparent now**
marcbvtgm 10/08/25 09:22 AM ET
I understand how you feel, but it’s growing TV entertainment business, if
Stech 10/08/25 08:13 AM ET
Yep. The destruction of college sports **
fordham 10/08/25 05:15 AM ET
Might not destruct
MrFantastic! 10/08/25 06:41 AM ET
Sorry with no money to operate. Destruction **
fordham 10/08/25 08:42 AM ET
There's more than enough money to operate. It shouldn't be spent like
reestuart 10/08/25 01:41 PM ET
I was stating it may come back to some kind of common sense.
MrFantastic! 10/08/25 09:56 AM ET
Nothing new for the football factories...but humorous to watch schools like
Tuckahokie 10/08/25 06:40 AM ET
They got access to private investors
1947Sunbowl 10/08/25 08:47 AM ET
ACC saw this coming Expensive Private Schools with their Donors, Brilliant!
Stech 10/08/25 08:25 AM ET
Uva might be taking that approach
1947Sunbowl 10/08/25 08:42 AM ET
VT Wrestling has been doing this for a while now with SERTC....**
AirborneHokie96 10/08/25 12:53 PM ET
Big money donors are endowing the non-revenue sports. Endowment includes
manassashoo 10/08/25 11:36 AM ET
It's terrific strategy for everyone
Happy Dog 10/08/25 12:43 PM ET
Olympic medalists and potential medalists also get a lot of NIL money
manassashoo 10/08/25 02:43 PM ET
These are the people who NIL/endorsement $$$ was invented for
Happy Dog 10/09/25 05:30 AM ET
No doubt, especially with the Darden School, they will be all over this. It
Stech 10/08/25 10:37 AM ET