When people asked T. Boone Pickens about his donation to OSU and whether or not he got his money worth out of it? He’s always responded emphatically that he felt like he did.
I thought it would be interesting to dig into the financials of OSU athletics before and after his donation — as well as before and after the renovations at Boone Pickens Stadium — to see if the investment really did sort “pay off.” Meaning, how did OSU’s football and overall revenue grow after it?
It was 2003 when Pickens made his initial $70M donation to OSU with $20M dedicated to the football stadium renovation.