Tag Archives: norwood teague

Regents Cry Foul, But Should They? Pitino Buyout and More

Regents Cry Foul, But Should They?

Who’s responsible for approving the Pitino extension that multiplied his buyout by more than two times, to more than $8 million?

The answer is extremely important to the story, and the mainstream media should do the work to report on it.

Ultimately, this falls on the Board of Regents and the President’s office, but the details are important.

In March 2016, certain Regents became vocal and expressed frustration over Pitino’s large buyout (which at that time had amortized to just over $7 million). Some called for more oversight and ability to approve significant contracts.

The reality, however, is that they already had the ability to do so. The Pitino contract situation illustrates the Board of Regents and President’s office not working well together.

This week a resolution will be brought forth that specifies the process on certain contracts (e.g., Board approval required for any initial appointment where an employee’s annual salary will exceed $250,000 or any employment agreement, or amendment thereto, that has at total cost to the University of $600,000 or more.)

However, in the case of Pitino and the other contracts amended in reaction to the very public and shameful resignation of Norwood Teague, the Board should have been brought into the process under existing policy. Continue reading Regents Cry Foul, But Should They? Pitino Buyout and More

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VCU Shows Minnesota How to Build a Practice Facility

VCU Shows Minnesota How to Build a Practice Facility
March 22, 2014

In the past we have brought up the inaccurate claims that were on Minnesota AD Norwood Teague’s bio, specifically around a new basketball practice facility at VCU. Teague came to the Twin Cities from VCU and was touted as a big time fundraiser. Many believed (and still do) that he had constructed a basketball practice facility in Richmond, but he had only suggested a facility be built for around $10 million with private funds. That amount quickly grew to an estimated $14.5 million.

Fast forward to earlier this month and finally real plans have been set in motion for the Rams basketball program. The plans now look quite a bit different than they did in 2011:

  • The project’s estimated cost has risen to $25 million. VCU says a significant factor in the increase is that when new AD Ed McLaughlin arrived in 2012, he determined the current plans wouldn’t work from a Title IX perspective. A new, larger location that could better accommodate both the men and women was needed.
  • Private funding wasn’t going to get the job done. The school announced they would reallocate student fees to help pay for the project. There has been clamoring from some students, but after another strong season (until last night’s loss) support for VCU basketball is very high.
  • Per review of a draft of the Executive Committee’s minutes from earlier this month, VCU’s board has approved entering into a line of credit agreement to front the money needed for construction. This should enable the project to get started (shovels in the ground) this spring, with completion possible before the start of classes in fall 2015.

Last summer Norwood Teague announced his idea of a $190 million facilities plan for the University of Minnesota. We found the idea to be borderline absurd [See: Minnesota’s Facilities Plan Set Up For Failure – July 10, 2013] and still do. Things have been quiet since last summer, but we understand a “fundraising feasibility study” has been “wrapping up”.

Continue reading VCU Shows Minnesota How to Build a Practice Facility

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Minnesota’s Facilities Plan Set Up for Failure

July 10, 2013
Minnesota’s Facilities Plan Set Up for Failure

This afternoon at a University of Minnesota Board of Regents meeting, athletic director Norwood Teague discussed “Phase One” of his department’s master facilities plan.

If the goals Mr. Teague stated are accomplished, he should be praised and his compensation should be tripled. However, it’s not realistic to believe they will be.

An increasingly pressing need is a basketball practice facility. The smart move, in our opinion, would be to push for the allocation of current revenue streams (i.e., media contracts) to fund a practice facility project. This course of action may prove to be inevitable, but at a minimum a long delay in getting construction started due to an insistence that money be fully privately funded will continue to adversely affect the program.

On the one hand, we applaud Teague’s willingness to be bold in reaching for the sky. Unfortunately it just seems his goals are teetering on the edge of when consideration of a mental health hold is warranted.
Continue reading Minnesota’s Facilities Plan Set Up for Failure

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Fact Check! Minnesota’s New AD & VCU’s Practice Facility

October 25, 2012

FACT CHECK: University of Minnesota: New AD Teague Responsible for VCU’s New Basketball Practice Facility

Is this claim factual? No.

How outrageous is this claim? It’s quite ridiculous. At worst it’s intentionally misleading; at best and more likely, it’s a mistake that’s been left uncorrected for a long time.

Without going into further background/private conversations, it’s something the University of Minnesota should finally correct.

According to this Norwood Teague page at www.gophersports.com:
“Known as a visionary leader on many fronts, Teague initiated an extraordinary campaign in the fall of 2011 to construct a $10 million practice facility – the Franklin Street Gym. Today, the practice facility serves both the men’s and women’s basketball programs at VCU, as well as other sports.”

Minnesota wants to talk up their new athletic director. The U stating that Norwood Teague had an “ultra-successful” run as director of athletics at Virginia Commonwealth University doesn’t bother me. Is “ultra-successful” going a bit overboard? Probably, but it’s subjective.

However, when the Gophers claim that there is a new practice facility being used by the VCU basketball programs, it’s either factual or it’s not. In this case, that claim is untrue.

A hot topic that has surrounded Gopher basketball has been the need for a new practice facility. In fact, the former AD at Minnesota took a lot of heat for not getting anywhere with a new facility.

Now, Teague takes over and receives praise for his experience in successfully doing exactly what Minnesota has needed – having a new basketball practice facility built.

The facts are that there is no new practice facility and VCU basketball is still in “a gym commonly known as being musty, old and tattered.”

Now it’s late October 2012 and the new AD at VCU has been trying to lock down a lead gift for the project to get the fundraising started. Two nice gifts are rumored to be close to being pledged, but it could be many years before VCU has a new basketball practice facility.

There have been a number of questionable attributions to Teague by the U of M and some of the press, but let’s stay away from most of those for now and let him do his job. We’ll soon see if he can get some things done in the Twin Cities that are truly deserving of praise.

But please, Minnesota, how about a quick edit on Mr. Teague’s biography page?

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