Thomas Kaine
New member
The scholarships are being phased in at 4.5 per year for the next 4 years to get up to 18 total. Same being done for the womens team. They are setting up an endowment to pay for them in perpetuity so they are not a part of the annual athletic budget or taken from financial aid for the school as a whole. This seems like a good idea if they can get rich donors to make it work. 18 x 2 teams = approx $2M. From what I hear the schollies are already making a difference in recruiting, particularly on the womens side
I remain pretty skeptical they'll be able to raise that kind of money, at least based on their track record in the past for rink upgrades/alternatives, etc. More worrisome is what they do if they can't - cannibalize other athletics, the financial aid budget, or what? (Fewer administrators seems unlikely.). $20M is a ton of money in context - total spending on athletics was $8.5M in 2021.