Old Nebraska Guy
New member
Not all of the $2.3 Billion is Athletic Department money.If that's the case, the Foundation has total assets of over $2.3 Billion
Annual "profit" is handed to the foundation to manage. I would except the Foundation to collect an annual management fee. The report said the growth of the main endowment was 12.7% over the last reporting period. (My portfolio should do so well.) Even minus the management fee I would think the athletic department money would grow. It would be available for sudden and big expenses. Like when a chunk of concrete fell off the stadium. No bonds required, no begging the legislature, just get it done.