Times are good.

Which can only mean one thing at Butts-Mehre ($$).

Sometime next year, Georgia is set to give the go-ahead on a new football complex, which will add much-needed space for the growing program, including team meeting rooms, coaching offices, a new weight room and more.

Donors have already been approached about fundraising for the facility…

How much would it cost? Potentially more than both the just-completed west end zone project ($63 million) and the indoor facility ($30.2 million).

Just think of all the opportunities that will present Magill Society folks to get the inside track on future ticket offerings.

Yes, this truly is the golden age for the reserve fund.  Those dollars can sleep soundly knowing they’ll never have to do a hard day’s work.

36 Comments

Filed under Georgia Football, It's Just Bidness

36 responses to “Times are good.

  1. Dawg Vegas

    And the fan upgrades to Sanford are coming…. when?

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  2. Given the fact not a single dime of that will be tax deductible, good luck with the fund raising, Greg.

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    • Jim

      Not true.

      I met with Magill Society people last week. (No, I am not a member and won’t be any time soon.)

      The donations will be tax deductible as they will tweak the benefits and wording to make sure they maintain tax deductibility. For example, donations that get you access to road game tickets are still considered tax deductible. Lots of gray area in the tax language and the Magill people assured me they’d tweak things as needed to maximize deductibility of donations. As you note, Hartman fund ticket donations are no longer tax deductible. I’d be willing to bet that Harman fund donations increase this year especially with Notre Dame and A&M on the schedule next year.

      I can also tell you based on my meeting that they are having no problems fund raising now. The sales pitch is basically – “We’re on the cusp of a long, sustained run of excellence – don’t you want to get in early?” People are opening their checkbooks in a major way primarily due to Kirby Smart and the perception that its now finally worth it to open the checkbook.

      Furthermore, Magill donations can now influence admissions. You can’t buy an acceptance but Magill donations will absolutely be a tie breaker between otherwise comparable candidates. This is a big change from the days of Adams when athletic donations weren’t considered for admissions. Again, more influence from Kirby

      Kirby has changed our University in more ways than most understand.

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      • ATL Dawg

        What if my Hartman Fund donation goes above and beyond what is required for my season tickets and the extra donation amount helps me get parking and more road game tickets? Is the extra Hartman Fund donation tax deductible?

        For example, I only have to donate 1500 to maintain my season tickets but I donate double that (3000) to get a parking pass and extra road game tickets. Would the additional 1500 be tax deductible?

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        • Jim

          That’s a question for your accountant. We did not specifically talk about Hartman vs Magill. I’m not an accountant but my position would be that everything above the amount required to keep the tickets is deductible

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          • ATL Dawg

            Ok. Thanks for the info.

            I’m floored that Magill donations can influence admissions. That seems so wrong.

            Liked by 1 person

            • The other Doug

              My student job in the early 90’s was in the Admissions department, and athletic donations mattered back then. I wasn’t privy to how much they tipped the scales, but those files were flagged and if the applicant didn’t cut it academically it wasn’t rejected outright.

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      • I certainly wouldn’t want to defend that in front of an IRS auditor who is in a bad mood that day. I definitely would expect a letter from the IRS that my contribution would be deductible.

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      • Tony Barnfart

        Tweeking words… Assurances….. Unless the IRS is telling you, nothing is assured. Sounds like some big swinging dicks getting out a little far over their skis.

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  3. Dylan Dreyer's Booty

    Gonna buy a winning lottery ticket tonight. How much of it do you think it will cost me to get the new facility named “The Dylan Dreyer’s Booty Football Complex”?

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  4. Russ

    And in more good news, Dawgs go to Atlanta, never trail and beat the nerds in basketball by 11. Afterwards we took their lunch money.

    Liked by 1 person

  5. Doyle Hargraves

    Thank God for Jimmy Sexton

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  6. I wonder if it will have a miniature golf course and a playground.

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  7. McTyre

    Donors get 8 tix to the SECCG

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  8. Hogbody Spradlin

    Ya know, near the end of the Richt tenure this space complained that McGarity was just ratholing the money like Silas Marner. At least he’s spending it now. I realize the end result is the same – dunning the donors, but now at least we get something the coach wants.

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  9. Bulldog Joe

    With Kirby in charge, it will cost more but there is confidence that more of our athletic donation will go toward improving athletics.

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  10. Tony Barnfart

    So we’re basically going to spend around a quarter of a billion dollars over like a 4 year period. Holy shit.

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  11. In a few years every out of town, SECCG and Bowl ticket will be available only to Magill Society donors. Us Hartman Fund guys can keep our renewable season tickets but cannot get additional seats and new Hartman Fund donors will be out of luck.

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