Maryland Announces $155 Million Athletic Complex

By D.J. Byrnes on November 18, 2014 at 11:44 am
Terrapin
31 Comments

Say what you will about the credibility of the invitation in the first place, but Maryland hasn't totally disgraced itself since joining the B1G. And in fact, today, the Terrapins athletic department made announced a major step forward.

From Jeff Barker of The Baltimore Sun:

Cole Field House would be reborn under a $155 million plan to convert the 59-year-old former basketball arena at the University of Maryland into an indoor football practice facility and "innovation" lab to help the school recruit athletes and others who are would-be entrepreneurs.

[...]

"Maryland really has a chance to brand itself as the entrepreneurship university," said Under Armour's founder and CEO, Kevin Plank, a Maryland graduate and former special-teams football player who has been involved in planning the new field house and intends to contribute financially.

The project, which is awaiting Board of Regents approval, is to be funded in part with $25 million in state funds and $25 million from the university — to be repaid from Big Ten revenues. This is the school's first year in the conference. The rest would be privately funded.

Well, it only took Maryland a little under a year to embarrass the likes of Purdue and Illinois. 


31 Comments
View 31 Comments