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I caught up on the posts on the Idaho site on this topic. They are now looking at $45 million for a 4200 seat arena. The ICCU donation still leaves them $11 million short of what they need. Uncertain when they’ll break ground, which means uncertain when it will be finished. Still a lot of work to do to get to a final product but they are certainly making progress.
I would be surprised if ISU did not already offer to ICCU but they are already a major donor. I heard from someone who works at ICCU the major reason they donated was to expand into north Idaho. Less about supporting UI over than ISU but simply a marketing tactic. ISU needs to find a local large business to offer naming rights for either a Dome renovation or a new basketball arena. Maybe Simplot? Amy's Kitchen? Great Western Malting? On Semiconductor? Someone's gotta be a Bengal fan who wants to see them succeed.
Looking at Kent Oram's (ICCU CEO) comments about the donation it's mildly obvious that this is a business decision founded on expansion efforts into a new region of the state. I could be wrong, but I'm not sure I see any existing businesses in east Idaho making a donation for the same reasons. Someone may step up, but not for the same reason Kent and ICCU did.
Wasn't there talk a while back that ISU had a major donation in the works for a new arena, but the donor supposedly didn't want naming rights and wanted others to take the lead? Could this be the reason why..?
Business or not it's still a stab in the back for I.S.U., in favor of our back stabbing country cousins. If I have an account at ICCU. I won't have one for long. GO BENGALS
Business or not it's still a stab in the back for I.S.U., in favor of our back stabbing country cousins. If I have an account at ICCU. I won't have one for long. GO BENGALS
Lest we forget, ICCU has given ISU athletics money in the past. However unfortunate, this was clearly a business decision. Yes, the optics are poor. Yes, it disadvantages ISU compared to a rival. Still, despite teh short-term optics, this was clearly a business decision.
I had ICCU at one point and they were perfectly adequate in terms of banking.
Just off the top of my head the ICCU company helped build the football practice turf with a donation, they paid for the renovation of the Reed Gym floor for women's basketball and they did the same thing for the men at Holt Arena.
Those were substantial donations and as noted should not be forgotten.