Over the last few days, anticipation was building about a huge announcement in Blacksburg concerning Virginia Tech sports. It was scheduled for 4/20 and it was supposed to be big.
It was.
Virginia Tech president Tim Sands and athletic director Whit Babcock and announced the “Reach for Excellence” initiative. This initiative is an eight-year, $400 million fundraising campaign that will place the Hokies among the top third of the ACC in athletic budget.
That’s big news. Babcock said he hoped to increase Virginia Tech’s athletic budget from $100 million to $125 million annually. It was around $63 million seven years ago.