Fundraising Up at U of M, But Millions Still Needed to Pay Off Athletes Village

July 11, 2018 06:53 PM

The University of Minnesota Athletes Village opened earlier this year, but it's still a long way from being fully funded. 

Fundraising for the student-athlete complex is more than $40 million from reaching its goal.

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RELATED: Tour the New $166M University of Minnesota Athletes Village

The university has raised $123 million of the $166 million goal.   

The shortfall comes after several controversies in the athletics department.

RELATED: TCF Bank Invests $8M in U of M's Athletes Village

"There's always a pothole or two along the road in Minnesota and fortunately we are on a good path with Mark Coyle's leadership and we will be successful," University of Minnesota President Eric Kaler said. 

University of Minnesota Athletic Director Mark Coyle told the Board of Regents Wednesday this year's fundraising is on an all-time pace.

RELATED: Plans Announced for $13 Million U of M Track and Field Facility

"We are having record fundraising right now with our Athletes Village project, so we are very pleased with where we are at with our fundraising, needless to say we need to continue to raise more," Coyle said. 

The University of Minnesota has a fundraising goal of $190 million for all athletic upgrades. 

Credits

Joe Mazan

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