10-24-2025, 10:17 AM
(10-23-2025, 10:34 PM)chrisk Wrote:(10-23-2025, 05:22 PM)82lsju Wrote:(10-23-2025, 01:02 PM)ADPinWDC Wrote: Bolster with more NIL -- new $50 million from Freedman
How much does new $50M affect who we could get?
assuming it is an endowment ~$2.5m/year. As I recall part of the gift is to endow 4 or 5 scholarships which would be ~$100k/year/scholarship so $400k-$500k/year of the ~$2.5m leaving ~$2m to spend on whatever.
The press release mentioned first mentions "significant support for institutional NIL" and then the 5 new scholarships.
it did, but I would guess the gift will be used as an endowment not operating expenses so they'd have ~$2m/year to throw at NIL. And the gift may show up in phases not all at once.
Eric
"the older we get the better we were"
