FanShot

Paige: CU boosters formulating funding plan

18

From Woody Paige and the Denver Post: Led by a former student "android" who sold soda at CU games, a bunch of multimillionaire Buffs boosters have designed a stealth-style fundraising campaign, the most ambitious ever for the school's athletic department, to make the Colorado football team nationally relevant again. The goal is $50 million donated by 50 Buffaloes backers ($1 million each) — in an attempt to level the playing field against other conference schools, improve the athletic facilities and enable CU to attract top-quality coaches in the future. In return for its huge investment, the group of Colorado alums/supporters would seek an active advisory role in athletic department decisions. After talking with four Buffs boosters who are willing to contribute the big bucks, but requested anonymity, I told Colorado athletic director Mike Bohn what I knew, and he acknowledged that the $50 million proposal is a "positive vision" and "viable" and a "good model." But he cautioned that the idea "is in its infancy," and there haven't been official meetings between CU administrators and boosters.