Latest news with #Jayhawks'
Economic Times
5 days ago
- Business
- Economic Times
Kansas University receives $300 million record-breaking surprise from David Booth, among largest gifts in college sports
Synopsis The University of Kansas has received a monumental $300 million donation from alumnus David Booth, marking one of the largest gifts in collegiate athletics history. $75 million of the gift will kickstart the second phase of the $448 million renovation of the Jayhawks' football stadium and the adjacent Gateway District. David Booth, a graduate of both Lawrence High School and KU, is an investing legend and founder of Dimensional Fund Advisors The University of Kansas announced Wednesday it received one of the largest single gifts in the history of college athletics. Kansas has received a $300 million gift from donor David Booth, the largest in school history and believed to be among the richest in the history of college sports, according to news agency Associated Press. The 300 million gift from David Booth comes just days before the Kansas Jayhawks football season's kickoff against Fresno State on August Booth, a graduate of both Lawrence High School and KU, is an investing legend and founder of Dimensional Fund Advisors — a global investment firm that manages $853 billion in assets as of June 30, 2025. He already has his name on the football that $300 million, $75 million will go toward launching the second phase of a $448 million overhaul of the Jayhawks' football stadium and the abutting Gateway District, a multi-use development planned next to the stadium that includes a new hotel, retail and restaurant spaces, student housing, parking and an outdoor event plaza. Of that $300 million, $75 million will go toward launching the second phase of a $448 million overhaul of the Jayhawks' football stadium and the abutting Gateway District, a multi-use development planned next to the stadium that includes a new hotel, retail and restaurant spaces, student housing, parking and an outdoor event plaza. Kansas athletic director Travis Goff said the remainder of the gift was expected to generate a stream of income for the athletic department that could last for generations. 'There is no more generous and impactful Jayhawk, and we are so fortunate to call him a friend and mentor,' Goff said.
Time of India
5 days ago
- Business
- Time of India
Kansas University receives $300 million record-breaking surprise from David Booth, among largest gifts in college sports
The University of Kansas announced Wednesday it received one of the largest single gifts in the history of college athletics. Kansas has received a $300 million gift from donor David Booth, the largest in school history and believed to be among the richest in the history of college sports, according to news agency Associated Press. The 300 million gift from David Booth comes just days before the Kansas Jayhawks football season's kickoff against Fresno State on August 23. David Booth, a graduate of both Lawrence High School and KU, is an investing legend and founder of Dimensional Fund Advisors — a global investment firm that manages $853 billion in assets as of June 30, 2025. He already has his name on the football stadium. Finance Value and Valuation Masterclass - Batch 4 By CA Himanshu Jain View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program Finance Value and Valuation Masterclass - Batch 3 By CA Himanshu Jain View Program Artificial Intelligence AI For Business Professionals By Vaibhav Sisinity View Program Finance Value and Valuation Masterclass - Batch 2 By CA Himanshu Jain View Program Finance Value and Valuation Masterclass Batch-1 By CA Himanshu Jain View Program David Booth's $300m gift to Kanas Of that $300 million, $75 million will go toward launching the second phase of a $448 million overhaul of the Jayhawks' football stadium and the abutting Gateway District, a multi-use development planned next to the stadium that includes a new hotel, retail and restaurant spaces, student housing, parking and an outdoor event plaza. Of that $300 million, $75 million will go toward launching the second phase of a $448 million overhaul of the Jayhawks' football stadium and the abutting Gateway District, a multi-use development planned next to the stadium that includes a new hotel, retail and restaurant spaces, student housing, parking and an outdoor event plaza. Kansas athletic director Travis Goff said the remainder of the gift was expected to generate a stream of income for the athletic department that could last for generations. 'There is no more generous and impactful Jayhawk, and we are so fortunate to call him a friend and mentor,' Goff said.
USA Today
6 days ago
- Sport
- USA Today
Kansas receives record-setting $300 million gift from donor David Booth
Later this month, when it kicks off its 2025 football season, Kansas will unveil a newly renovated David Booth Kansas Memorial Stadium that just underwent a nine-figure facelift. Even before that happens, the stadium's namesake has some even more generosity in store for his alma mater. Kansas has received a $300 million gift from donor David Booth, the school announced on Wednesday, Aug. 13. It is the largest gift in school history and is among the largest in the history of college athletics. REQUIRED READING: What are the best college football games of Week1? We list the top 10 Of that $300 million, $75 million will go toward launching the second phase of a $448 million overhaul of the Jayhawks' football stadium and the abutting Gateway District, a multi-use development planned next to the stadium that includes a new hotel, retail and restaurant spaces, student housing, parking and an outdoor event plaza. The remainder of that total will, according to the university, 'generate a stream of income that will strengthen Kansas Athletics across generations.' "David's unprecedented generosity is transformative now and for our future," Kansas athletic director Travis Goff said in a statement. "It accelerates phase II of the Gateway District and the new 'Booth' and inspires others to step up and join in completing this vision. We're profoundly grateful for David's leadership and extraordinary impact on generations of student-athletes and fans. There is no more generous and impactful Jayhawk, and we are so fortunate to call him a friend and mentor." Booth is a Lawrence, Kansas native and Kansas graduate who is the founder of Dimensional Fund Advisors, a global investment firm that manages $853 billion in assets. The Jayhawks' football stadium was renamed after Booth in 2017, when he pledged $50 million over five years to renovate the venue. Over the better part of the past two years, the 104-year-old stadium has been effectively rebuilt, with new seats, suites, lights, turf and scoreboard. The construction forced Kansas to play last season away from campus, with home games occurring at the stadiums of Kansas City's NFL and MLS teams. The east side of the old venue remains in place and will be rebuilt as part of the second phase of the project. "One of life's greatest privileges is being able to give back to the people and places that gave so much to you," Booth said in a statement. "KU and Lawrence are a big part of my story, and it means a lot to support the community that invested in me. Philanthropy, like investing, pays dividends over time. Each gift compounds, creating opportunities not just for today, but for years to come. This is really about the future we're building." Kansas opens its 2025 football season on Saturday, Aug. 23, when it hosts Fresno State. The Jayhawks are coming off a disappointing 5-7 season in 2024, but are expected to be better this year, receiving six votes in the preseason US LBM Coaches Poll.
New York Times
21-03-2025
- Sport
- New York Times
Kansas' KJ Adams suffers Achilles injury in loss to Arkansas
Kansas senior KJ Adams went down late in the second half of the Jayhawks' 79-72 loss to Arkansas in the first round of the NCAA Tournament on Thursday, and coach Bill Self said he feared the senior had a serious Achilles tendon injury. 'We're hoping for the best tomorrow,' Self said. 'I'm not sure it's going to be great news, though. They're like sons to me, and it's one thing to lose the game, but to see him potentially lose a year on top of the game, you know, that's a pretty big blow.' Advertisement Adams fell on the court while going for a rebound and grabbed his left leg. Teammates Zeke Mayo and AJ Storr helped Adams off the court, and he went straight to the locker room. Adams scored 13 points on 5-for-8 shooting before exiting. In the first-round matchup of Hall of Fame coaches and storied programs, Cal and Arkansas handed Bill Self and Kansas their earliest NCAA Tournament exits in 19 years. Arkansas' Johnell Davis made a big 3-pointer and had a key steal in the final two minutes. Jonas Aidoo scored 22 points for the Razorbacks, and Davis finished with 18 as Arkansas overcame a typically shaky offensive performance in the second half (30 percent from the floor against a rare Kansas zone defense) with some tough defense of its own down the stretch. Arkansas flipped the game in the final three minutes, forcing four turnovers to go from down 3 to up 4 with 44 seconds left after a couple of free throws by Davis made it 73-69. Arkansas moves on to face the winner of St. John's-Omaha on Saturday in a second-round West Region game that likely will be another matchup of all-time great coaches against Rick Pitino and the second-seeded Red Storm.
USA Today
18-03-2025
- Sport
- USA Today
North Carolina's arrival to March Madness First Four delayed by 'travel issues'
North Carolina's arrival to March Madness First Four delayed by 'travel issues' Show Caption Hide Caption 'His best trait is his versatility': Jayhawks' Hunter Dickinson on what makes Cooper Flagg so unique Kansas Jayhawks' Hunter Dickinson on what makes Duke's Cooper Flagg such a special player. Sports Seriously Getting into the 68-team NCAA Tournament field was a long, anxious process for the North Carolina men's basketball team, which had to sweat out Selection Sunday in a way that a program of its pedigree isn't accustomed to doing. Getting to their first March Madness game has proven to be equally challenging for the Tar Heels. Coach Hubert Davis' team arrived late in Dayton, Ohio, Monday and missed its scheduled news conference and practice ahead of its First Four game Tuesday night against San Diego State. The NCAA acknowledged the change in plans, which it described in a statement as being related to 'travel issues.' More: Can your picks survive March Madness? Join our Survivor Pool to find out Those issues, according to the Raleigh News & Observer, occurred when North Carolina's NCAA-chartered flight arrived late at Raleigh-Durham International Airport. The plane landed in Dayton at 6:29 p.m. ET, about two-and-a-half hours behind its originally-scheduled arrival. The Tar Heels had been slated to begin their 40-minute practice at 6:35 p.m. ET, but didn't take the floor until 8:11 p.m. ET. 'We just kind of stuck with it,' North Carolina forward Ven-Allen Lubin said, according to Luke DeCock of the News & Observer. 'It was affecting everybody on the team but we stuck together. We just hung out, talked, interacted with each other. We bonded. It wasn't an issue. We're here now.' After an up-and-down regular season, North Carolina, with a 22-13 record and a 1-12 mark in Quadrant One games, was the last team in the NCAA Tournament field. When coupled with West Virginia's surprising exclusion, the move generated significant backlash and heated chatter, particularly since Tar Heels athletic director Bubba Cunningham was the chair of the tournament selection committee.
