Overview
- St. John’s University announced a record $32.5 million donation from Board Chair and alumnus William J. Janetschek, the largest in the school’s 155-year history.
- Of the total gift, $25 million will be allocated to the construction of a cutting-edge basketball practice facility, with $7.5 million directed toward student scholarships.
- The new facility, serving both men’s and women’s basketball teams, will feature advanced training equipment, hydrotherapy pools, dining areas, and community spaces.
- Construction is set to begin in late 2025, with the facility expected to be completed by 2027, aligning with the university’s broader vision for athletic and academic growth.
- The donation follows a landmark season for the men’s basketball team, which achieved its first outright Big East regular-season title since 1985 under coach Rick Pitino.