Forum › Forum › Lehigh Sports › Lehigh Football › Sports Marketing › Reply To: Sports Marketing
January 14, 2016 at 3:13 am
#24827
Endowment principal will never be touched for ‘frivilous’ capital expenditures like scoreboards. The BOT has a formula that they use for using income generated from the endowment and how it is allocated. Hence, the reason it takes ‘sugar daddies’ to make many things happen. Goodman Stadium was on the ‘boards in the late 1960’s when I was recruited. I saw a ‘mock up’ on my trip. Took almost 20 years until the money came to fruition, most through Mr. Goodman.
