(05-30-2014 03:33 PM)rockytop Wrote: Very generous indeed. Didn't get much for his 20mil.
Look, I'm a Rocket fan first and foremost. But rockytop, I think it's in poor taste to be that crass.
The gift was left to two foundations. BGSU doesn't have access to those funds in their entirety all at once. They'll be paid out as an endowment.
But as for what BGSU has already gotten, let me give you two examples:
1.) The reason why it reads "Bill Frack Court" at the Stroh Center? Because the guy answered a call and drove up the next day. With a check. For $1 million. Think on this for a moment: The man took a phone call. He answered, and said he'd drive up from Findlay the next day. And when he showed up, he wrote out personal check for $1 million dollars.
So rockytop, if you know anyone who works in fundraising, ask them how often that sort of thing happens. From what I hear, it's kinda rare.
2.) Was there a hotter mens basketball team last year than Wichita State? Do you think there were many hotter assistant coaches than those on the WSU staff? Time will tell whether Jans can get it done at BGSU, but there is no way a never-been-to-the-NCAA-tournament-since-the-60s sort of struggling program like BGSU could land a hot commodity like a member of the WSU staff under normal conditions. But a visibly ill Bill Frack came through *again* with the funds for Jans' contract.
Believe me, I think UT's MBB is in VERY capable hands. But a few years back do you think there were many college AD's out there asking themselves "Man, how can we capture some of that UW-Green Bay magic in a bottle?" when Coach K was hired? Again, time will tell, but under normal circumstances, the #1 assistant at a high profile program doesn't show up at a doormat MAC school, amirite?
So those are a couple of examples of what that other school has to show for two *other* generous gifts from Bill Frack.
So rockytop, I guess you're right. BGSU hasn't gotten much for the $20mil. But that's because the $20mil hasn't really started paying out *yet.* That's just how those gifts work. But believe me, if that same thing landed in any other school's lap, it could well be a game-changer.
The man was a gentleman, through and through. All MAC schools should be so lucky to have fans that loyal, despite being wealthy enough to buy Big10 skyboxes.