(03-26-2022 01:51 PM)teamvsn Wrote: (03-26-2022 10:32 AM)bill dazzle Wrote: (03-25-2022 11:44 PM)teamvsn Wrote: I am sitting here thinking St Peters has more in common with an NAIA school than a D1 school. 2500 undergraduates, $37m endowment.
Glad you posted. Those numbers provide some context for how amazing the St. Peter's accomplishment truly is.
For comparison, look at St Xavier in Chicago. They are urban, catholic, they have 3080 undergraduates, and an endowment of $17m. I don't doubt that they could boost that endowment if they were D1.
Or St Francis in Fort Wayne Indiana. They are catholic, enrollment of 2345, and an endowment of $52m.
Size really doesn't matter. If you can find a way to fund the program at the D1 level, hire a great coach, you've got a chance.
I didn't realize the endowment of St Peter's was that low...wow.
I've driven through the campus. It's tiny. The biggest thing I remember is the pedestrian walkway above the street. It doesn't look like a D-1 school at all.
It's been tweeted and documented about their shoestring budget. Their third assistant is a volunteer position. Their gym had leaks, causing games to be postponed. Their basketball program operates on a budget of less than $1.6 million.
https://www.si.com/college/2022/03/25/sa...aily-cover
But, apparently, they've always been Division I, and they want to stay there any way they can. Before this year, their best team was their 1968 team that defeated Duke in the quarterfinals of the NIT. One of the players on that team, Tom McMahon, went on to be the CEO of LabCorp. He gave $5,000,000 to the renovation of their gym into Run Baby Run Arena.
So, yes, if you have people willing to fund it at a minimal level, your school can be in Division 1.
St. Peter's happened to have a Division I legacy and a location near other Catholic schools in the New York area. So even though they don't look like a D-1 school, they've always been one, and have made it work this year.