Welcome, Guest. Please login or register.
Skip navigation

FAU Football Stadium (DONE DEAL) gets $42 million in donations from 2 sponsors!

Add topic

Post

FAU Football Stadium (DONE DEAL) gets $42 million in donations from 2 sponsors!

Reading over some recent news it appears that FAU's stadium is a "done deal" according to Schnellenberger and now we have some dollar amounts to add to that seemingly out-of-nowhere enthusiasm!

Star-Telegram.com reports that
"Florida Atlantic expects answers from two potential naming-rights sponsors by summer’s end, one for $30 million and another for $12 million. If both deliver, FAU will open a 30,000-seat stadium in 2010, coach Howard Schnellenberger said.

"We’re 85 percent on it coming out positively for us," he said."

http://www.star-telegram.com/college_sports/story/774327.html

More discussion regarding this breaking stadium news topic is on the Sun-Sentinel blog:

http://weblogs.sun-sentinel.com/sports/college/fau/blog/2008/07/belt_bowl_secret_unveiled_earl.html#comments

Also, here is where Schnellenberger quoted the stadium financing as a "Done Deal!"

Sun Sentinel's Ted Hutton "asked The Voice if today's meeting was a bit premature, since the money for the new stadium had not been lined up.

"The money is a done deal. You think we would sit through this if it wasn't?" was the reply.

Now, that is Howard The Eternal Optimist talking, but hopefully he is right."

http://weblogs.sun-sentinel.com/sports/college/fau/blog/2008/07/stadium_presentation_round_ii.html

Go FAU!!

And thanks Ted for keeping us updated!
Back to the top

Post

Re: FAU Football Stadium (DONE DEAL) gets $42 million in donations from 2 sponsors!

fauprowler said

Reading over some recent news it appears that FAU's stadium is a "done deal" according to Schnellenberger and now we have some dollar amounts to add to that seemingly out-of-nowhere enthusiasm!

Star-Telegram.com reports that
"Florida Atlantic expects answers from two potential naming-rights sponsors by summer’s end, one for $30 million and another for $12 million. If both deliver, FAU will open a 30,000-seat stadium in 2010, coach Howard Schnellenberger said.

"We’re 85 percent on it coming out positively for us," he said."

http://www.star-telegram.com/college_sports/story/774327.html

More discussion regarding this breaking stadium news topic is on the Sun-Sentinel blog:

http://weblogs.sun-sentinel.com/sports/college/fau/blog/2008/07/belt_bowl_secret_unveiled_earl.html#comments

Also, here is where Schnellenberger quoted the stadium financing as a "Done Deal!"

Sun Sentinel's Ted Hutton "asked The Voice if today's meeting was a bit premature, since the money for the new stadium had not been lined up.

"The money is a done deal. You think we would sit through this if it wasn't?" was the reply.

Now, that is Howard The Eternal Optimist talking, but hopefully he is right."

http://weblogs.sun-sentinel.com/sports/college/fau/blog/2008/07/stadium_presentation_round_ii.html

Go FAU!!

And thanks Ted for keeping us updated!

Yep dude, we know!  ;D    It's awesome!

But yeah, you should visit the site more often! We're on top of everything!

For instance, here's the most recent article from Ted:
New plan may fund stadium - Topix

…suggesting that they're either going to sell the developing rights to the dorms or they're going to get money from the naming rights. I kinda hope it's the latter since the developing rights could lead to high dorm rates…

P.S. I don't respond to guest posts. All guests are encouraged to register with the site.
Back to the top

Post

Re: FAU Football Stadium (DONE DEAL) gets $42 million in donations from 2 sponsors!

So Kimberly Miller just posted an article about the stadium suggesting that FAU is going to do both:

pursue the naming rights for $1 million/year over 20 years

AND

sell the developing rights to the dorms for $12-14 million

(http://www.palmbeachpost.com/localnews/content/south/epaper/2008/07/22/c1b_fauball_0723.html)



P.S. I don't respond to guest posts. All guests are encouraged to register with the site.
Back to the top

Post

Re: FAU Football Stadium (DONE DEAL) gets $42 million in donations from 2 sponsors!

Nice finds owlcountry and thanks for the enthusiasm fauprowler! Take that enthusiasm and get all your friends to get stoked for FAU football!

Florida Atlantic University Owls
2007 Sun Belt Football Champions 2007 New Orleans Bowl Champions 2008 Motor City Bowl Champions 2011 Sun Belt Basketball Champions No Bowls without Owls
Back to the top

Post

Re: FAU Football Stadium (DONE DEAL) gets $42 million in donations from 2 sponsors!

Also, in an email with the guy over in Texas that wrote that article, he admitted that he wrote it up wrong and that HS actually said $20M not $30M…so everything is consistent.

$20M for naming rights
$12M for development rights

Florida Atlantic University Owls
2007 Sun Belt Football Champions 2007 New Orleans Bowl Champions 2008 Motor City Bowl Champions 2011 Sun Belt Basketball Champions No Bowls without Owls
Back to the top

Post

Re: FAU Football Stadium (DONE DEAL) gets $42 million in donations from 2 sponso

I'm not trying to be negative here everyone but it's not a done deal until the check has been cashed…just because they are meeting to go over the final details does not make this a signed contract. And until we see handshakes and hugs on camera and an OFFICIAL announcement…don't get too excited.
Back to the top

Post

Re: FAU Football Stadium (DONE DEAL) gets $42 million in donations from 2 sponso

TeamBeer said

I'm not trying to be negative here everyone but it's not a done deal until the check has been cashed…just because they are meeting to go over the final details does not make this a signed contract. And until we see handshakes and hugs on camera and an OFFICIAL announcement…don't get too excited.

Agreed.

While exciting, we all know that deals can go south even at the last minute.

Until that big fake check is in HS and FB's hands, it is not a done deal.

However it looks like there are deals now for developmental rights that will secure the fundage needed to start. Either way I feel VERY optimistic about the 2010 date now. See you all in BOCA against Michigan State! Cant wait.

I have come here to chew bubble gum and kick @$$ and I'm out of bubble gum.

Back to the top

Post

Re: FAU Football Stadium (DONE DEAL) gets $42 million in donations from 2 sponsors!

Read this:

SS Story 7-23-08
Back to the top

Post

Re: FAU Football Stadium (DONE DEAL) gets $42 million in donations from 2 sponsors!

Florida_Owl said

Read this:

SS Story 7-23-08

Wow, it was worse that I thought – only $3M raised so far.  Sounds like they're planning to use the $12M from the dorm development to pay for the stadium.  Can they do that?
Back to the top

Post

Re: FAU Football Stadium (DONE DEAL) gets $42 million in donations from 2 sponsors!

Yeah, we have been discussing this pretty extensively in the stadium section.
Back to the top
Control functions: