[82lsju]

I'm struggling to understand why they need to raise $200M. A typical endowment will throw off 4% per year, which enables growth of the amount in good years to deal with rising costs over time. Do these 11 sports have a budget of $8M? I thought it was closer to $3-4M, which would indicate a $60-80M endowment needed.

The financial issues are primarily due to Muir's mismanagement of the department's budget. He didn't take sufficient account of the declining revenues from the conference as the P12 Network imploded, and continued to spend like a dunken sailor. Regardless of how this turns out, Drell & Tessier-Lavigne should be looking for a new and more fiscally responsible AD.

Also, be careful about designating funds to specific programs if you donate to the University. The University just plays shell games with much if not all of this kind of money. They reduce the contribution those programs get from general funds by the amount of specified donations. I was told this directly by golf coaches who preceded the current coaches.

from the original AD release

We have calculated that the total incremental funding needed to permanently sustain these 11 sports at a nationally competitive varsity level exceeds $200 million. 

https://news.stanford.edu/2020/07/08/ath...ampaign=an

which at a 4% payout "exceeds $8m/year", at 5% "exceeds $10m/year"

On costs I'll SWAG two likely big buckets

Scholarships

I don't know how many "full time equivalent scholarships" are taken by the ~240 student athletes in the 11 sports but I'll SWAG 30 which would be $2.4m in costs (assuming $80k/full time equivalent scholarship).  If some of those are already endowed then the amount would be less.

Coaches/trainers

I'll SWAG $200K/team for coaches and trainers so that would be $2.2m

[82lsju]

I'm struggling to understand why they need to raise $200M. A typical endowment will throw off 4% per year, which enables growth of the amount in good years to deal with rising costs over time. Do these 11 sports have a budget of $8M? I thought it was closer to $3-4M, which would indicate a $60-80M endowment needed.

The financial issues are primarily due to Muir's mismanagement of the department's budget. He didn't take sufficient account of the declining revenues from the conference as the P12 Network imploded, and continued to spend like a dunken sailor. Regardless of how this turns out, Drell & Tessier-Lavigne should be looking for a new and more fiscally responsible AD.

Also, be careful about designating funds to specific programs if you donate to the University. The University just plays shell games with much if not all of this kind of money. They reduce the contribution those programs get from general funds by the amount of specified donations. I was told this directly by golf coaches who preceded the current coaches.

from the original AD release

We have calculated that the total incremental funding needed to permanently sustain these 11 sports at a nationally competitive varsity level exceeds $200 million. 

https://news.stanford.edu/2020/07/08/ath...ampaign=an

which at a 4% payout "exceeds $8m/year", at 5% "exceeds $10m/year"

On costs I'll SWAG two likely big buckets

Scholarships

I don't know how many "full time equivalent scholarships" are taken by the ~240 student athletes in the 11 sports but I'll SWAG 30 which would be $2.4m in costs (assuming $80k/full time equivalent scholarship).  If some of those are already endowed then the amount would be less.

Coaches/trainers

I'll SWAG $200K/team for coaches and trainers so that would be $2.2m