Miami is not one of the more wealthy members of the ACC.

In fact they are on the lower end. What Miami needs to do in order to draw crowds is win. The Coaches they hire are most important in accomplishing that. Miami is within 50 miles of enough talent to win a national championship. They just need to tap into it successfully. It looked like Mark Richt was doing it until that played out.

When I say not one of the more wealthy, you can judge by endowment. Miami is a private university with no state funding. So whatever they build, they pay for on their own. Shalala tried to go in on a deal with the new soccer stadium, but it fell through.

Just to show how the wealth in the ACC is distributed by endowment before COVID-19, which may adjust some.

Notre Dame $13.8 billion
UVA $9.6 billion
Duke $8.6 billion
Pittsburgh $4.3 billion
UNC $3.7 billion
Boston College $2.5 billion
Georgia Tech $2.2 billion
VT $1.4 billion
Syracuse $1.4 billion
Wake Forest $1.4 billion
NC State $1.4 billion
Louisville $1.3 billion
Miami $1.0 billion
Clemson $0.8 billion
Florida State $0.7 billion

The state schools can leverage bonds and debt to raise money for stadiums. The private schools have to raise their own money, and Miami isn't one with a lot of wealth. I'd love to see Miami build a stadium in Coral Gables, but in lieu of that, they need to invest in a coach who can recruit to win with local talent.

(In response to this post by Stech)

Posted: 05/17/2020 at 12:38AM

PREV NEXT REPLY

Insert a Link

Enter the title of the link here:

Enter the full web address of the link here -- include the "http://" part:

Current Thread:

Watching the Miami FSU games, they crushed the ACC football being bad!!!! -- Stech 05/14/2020 9:10PM

Orange Bowl was falling apart - useful life coming to an end. ** -- PadrosWindup 05/15/2020 1:59PM

True, but should have worked with the Marlins to rebuild it instead of an -- Stech 05/15/2020 7:33PM

Rebuild it? The plan was always to build the Marlins a baseball stadium. -- GreencastleHokie 05/16/2020 4:56PM

Again work with the Marlins, they have not had the fans or recruiting since -- Stech 05/16/2020 5:25PM

Pitt has had the same problem -- UpperQuad 06/12/2020 01:56AM

That assumes that the Marlins were willing. I doubt they -- GreencastleHokie 05/16/2020 5:27PM

Ideally a multiple National Champion builds it’s own stadium, but the Canes -- Stech 05/17/2020 01:04AM

I agree, I thought the orange bowl and that neighborhood revitalized -- Mercury 05/18/2020 4:29PM

The time period on the lease was the worst part of it. ** -- Stech 05/18/2020 7:11PM

Miami is not one of the more wealthy members of the ACC. -- HOO86 05/17/2020 12:38AM

I understand, that’s why I said ideally, again to bad they didn’t work with -- Stech 05/17/2020 01:09AM

Ok. Understand. She tried to deal with David Beckham, but it fell through -- HOO86 05/17/2020 01:19AM

However, the business decisions at universities are largely made by the -- Gadfly 05/17/2020 08:39AM

17 years left killed it, she admitted her mistake, but she couldn’t change -- Stech 05/17/2020 06:43AM

Exactly. Add to that . -- MrFantastic! 05/18/2020 08:33AM

Totally disagree. Neither site was on the U campus Google the drive time -- anotherdamnyankeehokie 05/16/2020 07:25AM

I have family down there, it’s an hour drive with traffic, big difference -- Stech 05/16/2020 08:28AM

ACC allowing her to dictate was telling. YES WVU, VT and the U ** -- MrFantastic! 05/15/2020 06:42AM

Two basketball conferences fighting out for football, he had no leverage, -- Stech 05/15/2020 07:52AM

And I think the Big Least was slightly better in football than the ACC -- EDGEMAN 05/15/2020 08:49AM

Too many agendas in the Big East for it to be successful in all sports ** -- VaTechHokiesACC 05/15/2020 7:34PM

The only way would have survived is if football broke off & grabbed P5 -- Stech 05/16/2020 08:36AM

I will always take BEFC football 1990-2003 over ACC 2004-2019 -- PadrosWindup 05/15/2020 2:04PM

5 of the 6 members of the BEFC you're referring to are in the ACC now. -- HOO86 05/16/2020 10:52PM

Not the ACC, Shalala, she blew it! ** -- Stech 05/15/2020 7:34PM

Miami is not one of the more wealthy members of the ACC.

Insert a Link

Tech Sideline is Presented By:

Our Sponsors