COLUMBIA — MU will reveal what it calls a “major gift” benefiting its initiative to enhance its athletics facilities on Tuesday. It will contribute to the completion of the $200 million master plan.
The plan, which was revealed and approved by the MU Board of Curators on June 26, coincided with the announcement of a $30 million gift from the Kansas City Sports Trust, a group of anonymous donors.
That gift wasn’t the first time the trust made a donation to improve MU's athletics facilities. It was also responsible for a $10 million donation in 2004 that went toward the upgrade of what is now known as the Mizzou Athletic Training Complex.
However, Mark S. Foster, the trust’s administrator and a partner at the law firm Stinson Morrison Hecker LLP, said, when reached by phone on Monday, that the Kansas City Sports Trust was not involved with the just-announced gift.
The projects mentioned in the facilities master plan include the expansion of Memorial Stadium, with increased seating capacity and enlarged concourses, and the addition of more seats down the third base line of Taylor Stadium. While the exact timing of the renovations has yet to be finalized, many are scheduled to be completed this year and next.
According to USA TODAY, Missouri’s athletics department’s “total expenses” from 2006-11 was $64,160,358, less than every current SEC school during the time period except Mississippi and Mississippi State. The same was true of Missouri's $64,146,530 in total revenue.
Anne Dankelson contributed to this report.