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re: SMU just raised $1.64 Billion in 3 years for Athletics & Academics

Posted on 5/7/25 at 9:26 am to
Posted by Jack Daniel
Gold member
Member since Feb 2013
27549 posts
Posted on 5/7/25 at 9:26 am to
Should have added them instead of fAggie
Posted by Jster15
Member since Aug 2019
2529 posts
Posted on 5/7/25 at 10:00 am to
No the Methodists didn’t abandon Christianity…the UMC abandoned their congregations. The rural and small/medium sized town congregations, the back bone and support of the church got tired of being raided for money by the UMC to be spent on DEI and ultra liberal policies in big cities. As with everything else the liberals ruined the church.
Posted by Hetfield
Dallas
Member since Jun 2013
8523 posts
Posted on 5/7/25 at 10:14 am to
I live about 2 miles from the SMU campus. It’s unreal how much money is affiliated with that university. They are going to be a force to be reckoned with now that NIL exists.
Posted by cyarrr
Prairieville
Member since Jun 2017
3773 posts
Posted on 5/7/25 at 10:22 am to
quote:

That's honestly not that uncommon for universities. Most consider LSU broke and raised 1.5 billion over a few years. I think the University of Oregon recently raised $3 billion and Oregon is not a wealthy state.


I don't know why you're getting downvoted. LSU exceeded their goal years ahead of schedule.

LSU surpasses $1.5 billion Fierce for the Future campaign 3 years early
Posted by paperwasp
25x HRV tRant Poster of the Week
Member since Sep 2014
27002 posts
Posted on 5/7/25 at 10:36 am to
They have a billionaire on the BoT who is trying to buy a national championship within in five years (and they'll probably succeed).
quote:

All it took was $270 million. That's the cumulative amount SMU is raising to fund its athletic program for the next nine years in the ACC. Last year, the school agreed to join the conference for … nothing.

SMU agreed to join the ACC on Sept. 1, 2023. Five days later, 31 SMU supporters stepped forward to contribute $100 million.

Approximately $125 million has been raised, enough to fund SMU athletics for the next five years.

Meet David Miller, SMU's billionaire alum who spearheaded the Mustangs' return to big-time college football (ESPN)
Posted by Diamondawg
Mississippi
Member since Oct 2006
35046 posts
Posted on 5/7/25 at 10:44 am to
quote:

No the Methodists didn’t abandon Christianity…the UMC abandoned their congregations. The rural and small/medium sized town congregations, the back bone and support of the church got tired of being raided for money by the UMC to be spent on DEI and ultra liberal policies in big cities. As with everything else the liberals ruined the church.
Not to mention the Council of Bishops and Judicial Council (essentially, their Supreme Court), changed the rules on accepted seperation plans (The Indianapolis Plan) which forced Churches that could to exit the UMC. My Church exited with a very high percentage vote to do so. We chose to go with th Global Methodist Church but had to pay a ton in apportionments and unfunded pensions (which was only fair to the preachers and staff people who were counting on retirement benefits. It was a cluster and the UMC to me, has totally lost its biblical base and is anything but "trying to make Disciples of Jesus Christ. I'm glad we are gone and don't give two hoots about SMU.
Posted by Jster15
Member since Aug 2019
2529 posts
Posted on 5/7/25 at 10:53 am to
Our church exited as well.
Posted by Buster83
Member since Aug 2021
4704 posts
Posted on 5/7/25 at 10:59 am to
SMU Ignite fund raising

This article does not even mention NIL. $1.64 billion is a lot of money for such a small university. For a large university, it is not that much money. It was impressive they did it in only a couple of years

If they really want to become a big time football program, they will need to spend a chunk of it on a new football stadium. There are high school stadiums in the DFW metroplex that are much nicer than Gerald Ford Field. It only holds 32,000 fans. It feels like you are stepping back into the 1970's.

Posted by OccamsStubble
Member since Aug 2019
7617 posts
Posted on 5/7/25 at 11:26 am to
My church leadership promised a vote, put it off for one year, then announced “we decided not to vote. We are forcing you to accept our DEI ways”

85% left. Youth service collapsed. A chapel that seated around 450 twice on sundays now typically sees around 50 at one Sunday service. Don’t know how they keep the lights on. But they are inclusive-
Posted by Diamondawg
Mississippi
Member since Oct 2006
35046 posts
Posted on 5/7/25 at 11:53 am to
quote:

My church leadership promised a vote, put it off for one year, then announced “we decided not to vote. We are forcing you to accept our DEI ways”

85% left. Youth service collapsed. A chapel that seated around 450 twice on sundays now typically sees around 50 at one Sunday service. Don’t know how they keep the lights on. But they are inclusive-
There was a local Church that was fairly large voted to stay. Ministers were supposed to stay out of the discernment process as they come and go. The congregation should learn as much as possible on their own and decide how to vote. This Church's pastor was very firm with his belief in staying with UMC. At least 200 of probably the bigger money givers left and planted a Church out north of this one I mentioned. I don't think the Church that stayed in struggling or anything but it put a serious dent in future plans.
Posted by Eldodroptop
Member since Jul 2021
2197 posts
Posted on 5/7/25 at 1:20 pm to
quote:

If they really want to become a big time football program, they will need to spend a chunk of it on a new football stadium.


The stadium is completely unimportant. Between our two universities in Austin and B/CS we can have all the facility smack talk in the world, our egos will not let us do otherwise, but in this new era it’s not that important.

SMU is committed to what is important. These kids are completely consumed by money, not facilities. SMU is playing this new game with great skill.
Posted by cyarrr
Prairieville
Member since Jun 2017
3773 posts
Posted on 5/7/25 at 1:27 pm to
quote:

They have a billionaire on the BoT who is trying to buy a national championship within in five years (and they'll probably succeed).


Maybe they will, but it certainly hasn't been reflected in their recruiting rankings thus far.
Posted by Hawgeye
tFlagship Brothel
Member since Jun 2009
32028 posts
Posted on 5/7/25 at 1:30 pm to
quote:

SMU is committed to what is important. These kids are completely consumed by money, not facilities. The Miller Family is playing this new game with great skill.


FIFY
Posted by ScotlandAve
Member since Dec 2024
52 posts
Posted on 5/7/25 at 5:04 pm to
quote:

The stadium is completely unimportant. Between our two universities in Austin and B/CS we can have all the facility smack talk in the world, our egos will not let us do otherwise, but in this new era it’s not that important.

SMU is committed to what is important. These kids are completely consumed by money, not facilities. SMU is playing this new game with great skill.


So many goofies don't get this. But, not investing millions in facilities is why Ole Miss under Kiffin has routinely out-performed their resources. It's also a major factor in why Miami is on the upswing. SMU is doing it right. In the NIL/portal era it's about the quality of your coaching, player development, and spending money responsibly on players.
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
130546 posts
Posted on 5/7/25 at 6:20 pm to
Schools are all very wealthy
Posted by CaliHorn
Los Angeles
Member since Apr 2025
107 posts
Posted on 5/7/25 at 7:56 pm to
I wonder how much the stadium stuff matters. Someone mentioned TTU is also going all in on NIL.

Does a storied history, a stadium with 90k + fans, being in a better conference, etc., ultimately make the difference?

This post was edited on 5/7/25 at 7:58 pm
Posted by MtVernon
Member since Jul 2024
7019 posts
Posted on 5/7/25 at 8:38 pm to
quote:

No the Methodists didn’t abandon Christianity…


Stop listening to the tree and taste its fruit. The tree is a liar. It's fruit is not.
Posted by OccamsStubble
Member since Aug 2019
7617 posts
Posted on 5/8/25 at 6:31 am to
quote:

quote:
No the Methodists didn’t abandon Christianity…





I find it weird, mathematically, that of those UMC churches that supposedly voted at least 51% to adhere to the newly-established UMC DEI-woke doctrine, most seemed to have now seen about 75% of their parishioners vanish. The math doesn’t work; did 25% or so change their mind after having voted for it, and then join those fleeing?

This is NOT just a southern thing, I worshiped at a UMC church in a dense suburban MD walking neighborhood recently on a perfect spring day, and the service drew 38 people.
Posted by Beachbum87
Las Vegas
Member since Oct 2022
3400 posts
Posted on 5/8/25 at 7:20 am to
quote:

Yet they still play in a HS stadium and can only buy backups off of other teams.


Yet they made the playoffs
Posted by Landmass
Premium Member
Member since Jun 2013
21354 posts
Posted on 5/8/25 at 7:44 am to
quote:

The death of the UMC is saddening.


Yes it is but the UMC should have changed their name to Unitarian Methodist Church, because they became more like the Unitarian Universalists than people like to admit. They remnant of the UMC should change their motto to "Be nice. Be gay."
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