David Booth’s $300 Million Gift to Kansas: How It Will Transform the Stadium and Gateway District
David Booth's $300 million donation will fund the second phase of stadium and Gateway District upgrades, creating new revenue streams and enhancing Kansas athletics' national competitiveness.
- On Wednesday, the University of Kansas announced a $300 million gift from donor David Booth, the largest in school and department history.
- Amid planning efforts, KU leaders and city officials approved around $94 million in incentives Tuesday, supporting the Gateway District plans unveiled in 2022 by Travis Goff and Douglas Girod.
- Kansas plans to allocate $75 million of Booth's gift to Phase 2 of the Gateway District, a $360 million project including a hotel, plaza, housing, retail, and parking, Travis Goff said.
- With the gift remainder, Kansas athletics gains an annual revenue stream, which Travis Goff described as `transformative and a game changer`.
- Against a backdrop of program momentum, Kansas's $300 million donation is expected to accelerate facility upgrades, enhance athlete support, and bolster national competitiveness, according to Travis Goff.
28 Articles
28 Articles
University of Kansas Lands $300M Donation, Among the Largest in College Sports History
The University of Kansas on Wednesday announced a $300 million donation from billionaire investor and KU alum David Booth, an amount that represents the largest gift in Kansas Athletics and University of Kansas history, and one that ranks among the largest single gifts in the history of college athletics.
University of Kansas alumnus donates record $300 million to upgrade sports facilities
David Booth, a graduate of the University of Kansas, donated $300 million to support athletics programs at the university. In the photo, a statue of the late KU basketball coach Phog Allen stands on campus outside Booth Family Hall of Athletics. (Tim Carpenter/Kansas Reflector)LAWRENCE — The founder of a large investment firm pledged $300 million to the University of Kansas in what was described as the largest gift in the university’s history an…
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