Ollie Gives $100,000 For Basketball Center; Trustees Vote To Cover Any Cost Overruns
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There were two developments Wednesday related to the UConn Basketball Development Center.
University trustees meeting on campus agreed to pay for any cost overruns related to the project. They say even though the practice center is not expected to exceed its $33 million dollar budget, the guarantee helps the UConn Foundation get loans for construction.
UConn President Susan Herbst says if needed, some options could be scaled back — and says it is important for the school to back up its donors.
Also Wednesday, the Athletic Department announced that Men’s Basketball Coach Kevin Ollie and his wife Stephanie have promised $100,000 toward the project .