Built for what's next.
Virginia Tech announces formation of Hokie Ventures, a new affiliated nonprofit corporation designed to create greater flexibility and strengthen our ability to compete in the rapidly changing landscape of college athletics.
➡️ https://t.co/3B8IuWVBSa
@Rangerhokie Yeah, they're separating athletics into separate tracks -- one with an AD who handles the sports side and one with a CEO who handles the business side.
No presentation posted (yet), but Virginia Tech noted in a story it just posted that the Board of Visitors will be voting on a "university-related corporation in support of intercollegiate athletics" during its meeting on June 1-2. #Hokies
J Pearson interjects about the partnership between the university and athletics, regarding the investments being made: "Speed is of the essence. That's for sure." #Hokies
Pearson makes a closing statement about the need to keep up: "I just heard from a coach recently about the NIL budget. Well, now we're falling behind on that again."
Emphasized speed. "We have to move quick, because everything else is moving quick in this industry." #Hokies
Virginia Tech Board of Visitors member and athletics committee chair J. Pearson this morning: “Speed is of the essence.”
From Monday’s meeting, how it pertains to #Hokies’ Investments To Win Plan, notes on the Beamer-Lawson Indoor Facility and more:
https://t.co/xH2QtYON4z
Hello from this morning’s Virginia Tech Board of Visitors meeting.
First public comments since president Tim Sands announced he’s stepping down last week. First meeting for Mehul Sanghani, who is back on the BOV. And some #Hokies athletics items on the docket at 10:30 a.m.
@AndyBitterVT I did not have colluding with @AndyBitterVT on X to get my BOV profile picture updated on my bingo card…but thanks for the assist! Honored to serve again 👊🏽 #UtProsim