Massive U facilities plan takes hit with news T. Denny Sanford is out
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University of Minnesota athletics director Norwood Teague announced in July that he is on a quest to raise $190 million for a massive sports facilities overhaul plan on campus.
That plan took a hit this week, with the news that a big-time donor will not be involved.
Perhaps the University already knew, but it became public Tuesday that notable booster T. Denny Sanford will not open up his checkbook to the department any longer, according to Charley Walters of the Pioneer Press.
The facilities plan reportedly does not have a lead donor. But some believed Sanford, who gave $7 million to complete TCF Bank Stadium, could be a big supporter.
Here's an excerpt from the Pioneer Press article:
"I love the university and I'll always be loyal to it, but I'm not doing anything -- I've done my best," the 1954 St. Paul Central and 1958 Minnesota grad said Monday night.
"There are some deep pockets around; they should hit up somebody else."
Sanford said there are philanthropic projects other than at the university that interest him.
Sanford Health, to which T. Denny Sanford once gifted $400 million, was in talks earlier this year to take over Fairview Health Services, which would have included the University of Minnesota's research hospital. The deal fell through in part over perceived conflicts of interest between T. Denny Sanford and the U, the Star Tribune reported.