Kansas receives $300 million gift from donor

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a day ago

Yahoo Sports' Jason Fitz and Caroline Fenton discuss the news that the Jayhawks received one of the largest single gifts in college sports history.
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Kansas Athletics have gotten a $300 million donation from David Booth.
So, uh, that's a massive, massive donation for them, believed to be among the largest single gifts in the history of college athletics and it's huge.
Lance Leipold, in full disclosure, is a close friend of mine, the head coach of the University of Kansas football team to watch the transformation that that program is gone under, uh, gone through under somebody that I just consider to be a great man, is really incredible.
There was a moment where Kansas football was wildly irrelevant and there were questions about whether or not they should even play games, Carolina.
Now, not only have they become a contender, a, an annual contender, this donation is going to set them up to begin to continue that next step.
100%.
We had Andy Staples on the show yesterday, which, of course, you could find on the Yahoo Sports YouTube page.
And we talked about, you know, in 2021, when NIL became legalized, there was so much fear about, well, the big are only going to get bigger.
The Alabamas, the Ohio States, the Texases that have so much money, they're only going to get better.
And Andy Staples said, Well, those people are idiots, um, because that's not how that works.
And we have schools like Kansas that don't really have any sort of history or not a very strong program.
They're a Blue Blood basketball program.
They're not a football school.
We have schools like Kansas that have very wealthy and dedicated alumni like David Booth here, and I don't even know who David Booth is.
Looks like he's an American businessman, yes.
Oh, American businessman.
OK, well, there you go.
That is detailed.
Um, but I've just looked him up, it says he has a, a net worth of $2 billion, don't we all?
Um, that would be great.
But we now have programs like Kansas that have wealthy and passionate alumni that say, hey, I want my team to be good.
And money doesn't necessarily equal championships.
I think we have several examples of that.
But Ohio State invested $30 million into their roster last year and they did what?
They won a national championship.
So money can equal success in college football.
So good.
Kansas with $300 million worth of playing money.
I don't even know what I would do with that.
Uh, some fun money there, but good for Kansas and in the Big 12 with Texas Tech.
It has said we have zero price tag.
Give us all the money that you possibly can.
And for a school like Colorado that has been resurrected in the NIL era, that, you know, that conference all of a sudden just got really, really interesting.
Yeah, by the way, uh, it, it's been pointed out, uh, Michael Farb, our great producer, got us this nugget.
He's the chairman of Dimensional Fund Advisors.
So, uh, there we go, uh, Chairman of Dimensional Fund Advisors.
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