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Bama New Bball Arena on HOLD...

Posted on 12/1/22 at 1:22 pm
Posted by allin2010
Auburn
Member since Aug 2011
18151 posts
Posted on 12/1/22 at 1:22 pm
I thought you guys had unlimited funds.

Plans to replace the Coleman Coliseum are not expected to proceed any time soon, according to Stuart Bell, president of the University of Alabama.
LINK /
Posted by SummerOfGeorge
Member since Jul 2013
102699 posts
Posted on 12/1/22 at 1:22 pm to
quote:

I thought you guys had unlimited funds.



Why would you think that? But yea, it's a pretty horrible time to be building a giant hundred million dollar project considering every raw material and personnel cost is 150-175% more expensive than it was 3-5 years ago.
This post was edited on 12/1/22 at 1:25 pm
Posted by WilliamTaylor21
2720 Arse Whipping Avenue
Member since Dec 2013
35930 posts
Posted on 12/1/22 at 1:23 pm to
Dey broke
Posted by bamapoet
North Alabama
Member since Nov 2011
532 posts
Posted on 12/1/22 at 1:24 pm to
I didn’t know, it was ever a,” go”.
Posted by allin2010
Auburn
Member since Aug 2011
18151 posts
Posted on 12/1/22 at 1:25 pm to
quote:

I didn’t know, it was ever a,” go”.



Approved by the Board. As to money, I seriously thought if any school could afford it, then it would be Bama.


When asked about the new basketball arena, which was approved by the UA Board of Trustees in February, Bell said the university is looking to move forward with plans but at a slower rate to assess constructions cost challenges that have affected the start of the process.
Posted by CapstoneGrad06
Little Rock
Member since Nov 2008
72195 posts
Posted on 12/1/22 at 1:26 pm to
You’d know about broke after what A&M did.
Posted by paperwasp
11x HRV tRant Poster of the Week
Member since Sep 2014
23149 posts
Posted on 12/1/22 at 1:34 pm to
We've been talking about a new arena since the late '80s/early '90s.

There's always some fricking excuse.

But I hear Coleman has "good bones."



Posted by hawgfaninc
https://youtu.be/torc9P4-k5A
Member since Nov 2011
46450 posts
Posted on 12/1/22 at 1:35 pm to
Poors
Posted by secuniversity
Member since May 2015
5687 posts
Posted on 12/1/22 at 1:35 pm to
quote:

on HOLD


Not what it says.

The process is still going forward and bids are going out.

Alabama currently has $763.8 million in ongoing renovations and construction.
This post was edited on 12/1/22 at 1:36 pm
Posted by AHM21
Member since Feb 2008
24519 posts
Posted on 12/1/22 at 1:37 pm to
SEC championship week, LSU is playing and almost all of your few posts are about Bama. aTm took some of that luster off of what the Bama win did for you.
Posted by Diamondawg
Mississippi
Member since Oct 2006
32254 posts
Posted on 12/1/22 at 1:39 pm to
Costs are never coming down. Better build it before they go up more.
Posted by Psycho Ray
Member since Nov 2022
372 posts
Posted on 12/1/22 at 1:39 pm to
Are you kidding?

NIL just drove the cost of buying all those teams through the roof.

Saban is no longer the only game in town with a new car and a glovebox full of cash.
Posted by secuniversity
Member since May 2015
5687 posts
Posted on 12/1/22 at 1:40 pm to
quote:

SEC championship week, LSU is playing and almost all of your few posts are about Bama. aTm took some of that luster off of what the Bama win did for you.


LSU is quite literally broke.

Their governor threatened to shut down LSU programs due to budget issues. Staff and employees have complained about salaries.

Their students had to start a GoFundMe to fix a crumbling roof of a library.
Posted by gamecockman12
Columbia, SC
Member since Aug 2012
5945 posts
Posted on 12/1/22 at 1:41 pm to
Damn I thought Bama had big money.
Posted by dbeck
Member since Nov 2014
29453 posts
Posted on 12/1/22 at 1:42 pm to
quote:

Bama New Bball Arena on HOLD.

Call the REC. They are good at nullifying holds.
Posted by dbeck
Member since Nov 2014
29453 posts
Posted on 12/1/22 at 1:42 pm to
quote:

Bama New Bball Arena on HOLD.

Call the REC. They are good at nullifying holds.
Posted by secuniversity
Member since May 2015
5687 posts
Posted on 12/1/22 at 1:44 pm to
quote:

Damn I thought Bama had big money.


They do. $940 million already raised.
Posted by CapstoneGrad06
Little Rock
Member since Nov 2008
72195 posts
Posted on 12/1/22 at 1:45 pm to
Oh. They’d spend the money if it was for football. The project would be well under way. But any other sport usually has to wait way too long.

Look at baseball. They waited 15 years too long, as the arms race in SEC baseball had been going on for a decade.
Posted by SummerOfGeorge
Member since Jul 2013
102699 posts
Posted on 12/1/22 at 1:46 pm to
quote:

Oh. They’d spend the money if it was for football. The project would be well under way. But any other sport usually has to wait way too long.

Look at baseball. They waited 15 years too long, as the arms race in SEC baseball had been going on for a decade.





Correct, and not debatable. If this was something for football it would have broken ground the day after it was announced and be wrapping up right about now. Nobody would give two shites about changes in costing.

It is what it is.
Posted by BigTastey
Middle Georgia
Member since Feb 2019
3421 posts
Posted on 12/1/22 at 1:46 pm to
Outstanding!!!
Stand up and take a bow... post of the day my man.
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