Another windfall for OSU
Another $28 million or so is headed to Oklahoma State athletics, courtesy of booster Malone Mitchell’s donation, and here’s an idea where to put the money: In the operating budget.
Capital improvements are great. OSU needed an overhaul in the worst of ways, and Boone Pickens’ generous donations have made that possible. OSU is a remade campus athletically, and few thought it possible.
But the Cowboys also need help on the budget end. Their budget is about $40 million, which is not chicken feed but lags well behind the likes of Texas, particularly, but also Nebraska, Oklahoma and Texas A&M.
I know nothing of finance, but seems to me take that $28 million, invest it and endow a chunk of the budget. Coaches’ salaries or something. Anything that would alleviate the pressure on the budget. Anything that would boost OSU’s daily operations.
New facilities are great, but sometimes money is needed for more than brick and mortar. The gifts of Malone Mitchell and others give OSU options.
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