User uShare Login | Register

Along with posting photos, videos, and stories, your uShare account lets you post Classified Ads, recipes on What's For Dinner, and Announcements.

55° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options




[0] My Saved Articles
Find local businesses
on the KELO Pages!


Sanford Talks About Withdrawing Funds For U Of M Stadium

February 17, 2014, 4:32 PM by Angela Kennecke

Sanford Talks About Withdrawing Funds For U Of M Stadium

He's been named to the top 20 generous givers in the nation. T. Denny Sanford's well known for his philanthropy. But it's not always without controversy.  

Recently, Angela Kennecke sat down with Sanford in his San Diego home to talk about how he made his money, why he gives it away and to learn more about the man.

Angela also asked why he withdrew a $35 million donation from the University of Minnesota Stadium project a decade ago and gave the money to build a children's hospital in Sioux Falls instead. 

In 2003, a Twin Cities newspaper, the Pioneer Press, reported Sanford wanted the stadium named after him unconditionally, while the university wanted freedom to limit naming rights. 

Sanford says that was never true. But rather, the dispute came when Sanford was told if they stopped building the stadium, his donation would go into the University's general fund. 

“There were several things in the contract that were just totally unreasonable and so I just walked away from it. I don't know how it got reported; but I walked away. I'm not going to sign a contract like that,” Sanford said.

But Sanford still calls the U of M athletic director a dear friend and just last fall donated $7 million to complete TCF Bank Stadium.

Previous Story

Next Story


Find Local Businesses on KELO Pages!

View news

You may also like

Two People Go To Hospital Following Fight

7/28/2014 11:30 AM

Sioux Falls Police say a large fight behind the Best Buy store on 41st Street landed two people in the hospital early Sunday morning.

Full Story
Fmr. Walworth State's Attny. Charged With Rape

7/30/2014 1:27 PM

The former Walworth County State's Attorney has been arrested and charged with three counts of first-degree rape.

Full Story
Clerk Hurt During Attempted Robbery

7/27/2014 8:07 AM

Sioux Falls police are investigating an early morning attempted armed robbery that injured a clerk at a west-side convenience store.

Full Story
Severe Thunderstorm Hits Corsica

7/26/2014 5:55 PM

Severe storms dropped heavy rain and large hail today in many parts of KELOLAND.

Full Story | Watch
Two 16-Year-Olds Arrested In Vandalism Spree

7/25/2014 11:30 AM

According to Sioux Falls Police, two 16-year-olds were arrested overnight after a vandalism spree.

Full Story