An $8 million matching gift challenge has Arizona officials optimistic they will reach the $30 million goal toward the first phase of McKale Center renovations by April 1.
Arizona announced last month it had collected $12.6 million in pledges and the challenge from an anonymous donor will match every subsequent donation up to $8 million, giving UA a maximum of $16 extra toward the renovations.
UA said it has already raised $1.6 million as part of the challenge, giving it another $3.2 million on top of its initial $12.6. That gives UA total commitments of $15.8 million, more than half the amount needed for the upgrades to seating, flooring, other amenities as well as the already installed video board.
“We’re making great progress,” UA athletic director Greg Byrne said.
The donations so far include a $6 million lead gift from Cole and Jeannie Davis, $2.5 million from an anonymous donor, $1.0 million from the Donald Diamond family and $800,000 from former UA player George Rountree.
Byrne said there are plans to give naming rights to some donors but that nothing has been finalized yet.
“They haven’t been real concerned about it,” Byrne said. “Obviously, Cole and Jeannie’s names will be prominent. But that shows you a lot about the humility and generosity of the people involve with the project.”