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Virginia Tech approved a $229M athletics plan to boost ACC competitiveness, funded by donations, support, and a future student fee.
The Virginia Tech Board of Visitors approved a $229 million athletics funding plan over four years, increasing the budget to over $200 million annually by 2029.
The investment, funded by donations, institutional support, and a $100 annual student fee hike starting in 2027, aims to boost competitiveness in the ACC through improved facilities, recruiting, coaching, and Olympic sports.
A new oversight committee will monitor spending, and officials say academic funding will not be affected initially, though long-term impacts remain possible.
The move follows growing pressure to keep pace with NIL deals and conference revenue changes.
Virginia Tech aprobó un plan de atletismo de $ 229M para impulsar la competitividad de ACC, financiado por donaciones, apoyo y una futura cuota de estudiante.