South Dakota State continues to move toward securing private funding for an indoor practice and human performance facility, according to athletic director Justin Sell. But the school won’t be in a position to announce any major gifts today, the last day of May.
Sell had previously stated that he hoped to be able to go public with news of a lead donation by the end of this month.
“We’re working with several donors and people who are interested,” he said. “We’re certainly making progress on that front. Some of that process takes time.”
Sell declined to get into too much detail beyond that.
“I want people to understand the responses we’ve gotten are very positive,” he said. “We’ve got to get a few more things put together, and hopefully we’ll be in a position to make an announcement in the near future in regards to moving it forward.”
And, now, my interpretation on this …
If the lead gift turns out to be one of the biggest in school history, as seems possible, there is organizing to do that goes well beyond the athletic department. That means copious amounts of red tape to clear.
If there’s still no news by October 10-11, when SDSU aspires to bring funding to the Board of Regents for building approval, then perhaps there’s more to it (i.e. something falling through). That’s the only unofficial timeline that really matters, and it’s five months off.
Terry Vandrovec also posts regular updates on his Twitter page.