08-16-2024, 09:36 AM
(08-16-2024, 08:38 AM)Mick Wrote: It was one of the sports they wanted to eliminate, yes.
Technically, the decision was by President Tessier-Levigne. It was made in conjunction with AD Bernard Muir and Provost Persis Drell. Decision was made based upon finances and athletics excellence. It was handed down in July, 2020. Note that the FAQ document claims that no amount of fundraising will save the sports, and that the decision was final. Because Stanford only had a $28.9 billion endowment, as of August 2020 and the 11 sport cumulative shortfall over years would be $70 mms, 0.242% of the endowment.
https://news.stanford.edu/stories/2020/07/athletics-faq
That represented 4,000 alumni athletes, 240 athletes (at the time), 22 dedicated coaches, 27 Olympic medals and 20 NCAA championships (3 for MVB).
Little more depth in this article. Provost Drell sounds like the villain:
https://www.si.com/college/2021/02/12/st...ement-ncaa
Decision was reversed 11 months later after heroic fundraising. The men's VB program alone garnered $7.7 million in funding (the shortfall was identified for all 11 sports at $8 million):
https://www.nytimes.com/2021/05/18/sport...tated.html
https://www.si.com/college/2021/05/18/st...ity-sports
Great & detailed info. Appreciated. The reversal and saving of these sports was momentous.
