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KU Athletics Lands $300 Million Booth Gift for Stadium Expansion and Endowment

The gift will jump-start the stadium’s east-side rebuild with a $75 million allocation after the 2025 season following approval of nearly $94 million in local incentives.

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The Topeka Capital-Journal
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Overview

  • The University of Kansas announced a $300 million donation from alumnus David G. Booth, marking the largest single gift in school history and one of the largest in college athletics.
  • An initial $75 million of the gift will activate Phase 2 of the Gateway District project, funding the east-side rebuild of David Booth Kansas Memorial Stadium and adjacent mixed-use development.
  • The remaining funds will be invested to create a perpetual revenue stream aimed at strengthening KU Athletics’ financial competitiveness for future generations.
  • Lawrence city commissioners approved approximately $94 million in tax and financial incentives to support the mixed-use stadium district.
  • With Phase 1’s $450 million renovations ready for the Aug. 23 home opener, university officials are finalizing timetables and full funding plans for the estimated $360 million cost of Phase 2.