Former Memphis guard donates $10 million to Tigers - Mid-South News, Weather, Traffic and Sports | FOX13

Former Memphis guard donates $10 million to Tigers

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    Friday, October 4 2013 3:43 PM EDT2013-10-04 19:43:45 GMT
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The University of Memphis announces the largest donation to the athletic department in school history.

Alumni Bill and Nancy Laurie are giving the university 10-million dollars.

Bill Laurie was a member of the 1973 basketball team that played in the national championship game.

He and his wife Nancy both graduated from what was known then as Memphis State University.

In a statement sent from the university they said, "We are honored and gratified to play a role in support of the institution's commitment to help guide current and future student-athletes toward their ultimate goals in life."

The 10-million dollar gift is part of the university's capital campaign for athletic facilities.

That's a fundraising campaign launched this year with the goal of improving the Tigers' athletic practice facilities on the university's Park Avenue campus.

The money raised will pay for new basketball facilities, a new indoor football practice complex and a softball complex.

U of M's interim president Brad Martin says the Lauries' gift will go toward the men's basketball facility, "We look at this as an investment by the Laurie's in the University of Memphis and we have so many wonderful supporters that are investing in extensive programs at the University. The athletics is just a high profile one but there are plenty of opportunities to get involved with everything we do at the University and so we'd love to have more support and I promise we're good stewards of the money."

The university's capital campaign has a fundraising goal of 40-million dollars. So now U of M has raised a quarter of that goal.

Brad Martin says they've set a goal to raise the rest of the money by the summer.

This is the 2nd largest gift in the history of the university's 100-year history.

Click here to read the entire release here


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