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View Full Version : Minnesota State Moorhead Dragons to call press conference at 1pm Friday July 15th.



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Dude Love
07-15-2011, 01:09 PM
also on their Youtube page:
http://www.youtube.com/user/DragonAthleticsTV?feature=mhee#p/l/-l_8f1PQypY

Video not supported by mobile. Thanks for the thought! lol

Dude Love
07-15-2011, 01:11 PM
So? What's happening?

Pump It Up
07-15-2011, 01:12 PM
They want a $37 million endowment to start D-I hockey and have 40 percent of that in "soft commitments". Nothing earth shattering will be happening this afternoon.

ExileOnDaytonStreet
07-15-2011, 01:12 PM
<strike>Do we have a new program?</strike>

4four4
07-15-2011, 01:12 PM
So? What's happening?

They are exploring D1 hockey.

aparch
07-15-2011, 01:13 PM
Moorhead: We're going D1 hockey! ... once we complete our risk analysis, double check our expense/revenue predictions. And find a donor who has $37 mil available.

They're still years out. Unless Pegula's got a brother in the Dakotas.

4four4
07-15-2011, 01:13 PM
<strike>Do we have a new program?</strike>

It looks good but they have a little work to do.

4four4
07-15-2011, 01:14 PM
Moorhead: We're going D1 hockey! ... once we complete our risk analysis, double check our expense/revenue predictions. And find a donor who has $37 mil available.

They're still years out. Unless Pegula's got a brother in the Dakotas.

That is what it sounds like. I bet four years out.

Pump It Up
07-15-2011, 01:15 PM
AD Doug Peters thinks they have 3 months to figure it out. They are looking for donors if anyone here wants to step up. They have "soft commitments" for 15 million that are only for D-I hockey. No hockey, no 15 million.

4four4
07-15-2011, 01:16 PM
They have a soft commitment of 15 million dollars but only if they go to D1.

Pump It Up
07-15-2011, 01:16 PM
AD Peters has not spoken with McLeod, but they've talked to most of the WCHA ADs.

greenG
07-15-2011, 01:16 PM
Daniel Morgan University?

:D Kudos

willythekid
07-15-2011, 01:17 PM
AD Peters has not spoken with McLeod, but they've talked to most of the WCHA ADs.

including UMD, that seems weird to me...

7&7
07-15-2011, 01:17 PM
AD Peters has not spoken with McLeod, but they've talked to most of the WCHA ADs.
sounds like they have support from mnscu members

The Sicatoka
07-15-2011, 01:17 PM
They have a soft commitment of 15 million dollars but only if they go to D1.
Specifically, not for Dragon Athletics but specifically Dragon Hockey.

They've talked to ADs at BSU, SCSU, and UMD (other Minnesota schools) about what budgets would need to look like.

4four4
07-15-2011, 01:17 PM
They seem confident. They have a three month window of opportunity but they don't want to paint themselves into a corner.

aparch
07-15-2011, 01:19 PM
Wow! Soft commitments for 15mil. already if the team is announced.

Have NOT talked with McLeod in the last two weeks.

AD and Pres have been in talks with the smaller Minn schools (Bemidji, Mankato, and St. Cloud). Caught those teams off guard by how quietly they've put this program together.

Continued push. Says there is "three months" to get the ball rolling. They're using the openings in the conferences to push this through. Definitely could be fast-tracked to WCHA by 13-14 (in my opinion).

"Other conferences may need us now instead of two years ago where we needed them." - President

They're railing HARD on the WCHA, and what it would look like in the future. But they want to jump into this with both feet.

Pump It Up
07-15-2011, 01:19 PM
3 months is MSUM's "window of opportunity" according to Peters. Hurricane Edna (MSUM President) is okay with being an independent for a few years, while she previously said they wouldn't go D-I without a conference.

4four4
07-15-2011, 01:19 PM
President, in chaos there is opportunity.

4four4
07-15-2011, 01:20 PM
They need the 37 million dollars over a five year or seven year window. Alot of money up front.