Blacknbengal
Well-Known Member
Right.
Alabama St. sees new $50M stadium as first step to FBS status
- Thread starter SUjagTILLiDIE
- Start date
major095
ASU4real
part of being able to give is income. alabama state in the last 5 or 10 years just got their first doctoral degree programs. so instead of I got my b.s. or masters at bama state, you'll have those that got their phD there. that'll make a difference in alumni giving going forward. also the last 10 years for bama state have been ugly for football. probation, scandal, bad press, in fighting. none of those things inspire people to give or even want to be associated with the program. the last time the football program was really right, houston markem was the head coach. let's see what the next 5 years hold if they keep the ship right.
jstate83
GOAT FARM!
Moving up. With all the complaining on this level in regards to competing, I don't see it happening anytime soon. But :tup: Bamma State for making these backwards leaders in this backwards conference think just a little bit.
Look like JSU is not the only ones tired of the direction this conference is going.
Amen to that Dahill! Bama State not ready. They are begging their alumni base now to help pay off the new stadium debt. Josh Moon wrote a damn good article about how Bama State doesn't have any money for this gigantic move. Is their AD into fundraising? ASU is in a lot of debt from building new buildings on campus. This is some of what Josh Moon said a few months back....
http://madvertiserblogs.com/hornetchat/2012/05/11/josh-moon-asu-in-no-shape-to-make-fbs-jump/
J C
Well-Known Member
JoeT, it's no secret that Bama State borrowed $281m for campus transformation. The managers also increased student fees to meet the bond obligations. If you look around you will see other institutions doing the same. Money is cheap and now may be the best time to borrow. I recently refinanced my house for under 3 % interest rate. As long as the bonds are paid we will be alright.
Now the move to FBS is in the 2020 plan but it's not set in stone. The 2020 plan called for the transformation of the campus and it has accomplished that goal.
4BAMASTATE
Active Member
Keep moving forward Hornets!
jsupop33
Loyalty & Respect
FAMU CLIFF
New Member
Many programs, except the richest ones, share the vision with the community prior to raising the money. Heck, ASU is ahead of most in that they have the facility lined up. Did Troy have all the funding plus facility when they announced their long range plan? I dont think they did if I remember correctly. Sketches, a plan and a vision. ASU is well ahead of that.
Panther88
Banned
+1 Some of these people posting have zero semblance of a thought process. :smh:
Congrats to Bama St, among several others, who've made the effort to distance themselves SLIGHTLY from 5A and 4A high schools here in terms of facilities. lol I posted the article about Allen HS purposely as the deal last week was unnoticed by several. High schools now have much better facilities than local HBCUs and pretty soon, the <b>community colleges</b> (once they do the JUCO deal SHORTLY :read: , too will have much, much better facilities than some of the local HBCUs. :read: