Virginia Tech Board of Visitors Approves $229 Million Investment to Strengthen Hokie Athletics

Virginia Tech approves $229M athletics funding plan

(The Center Square) – Virginia Tech’s Board of Visitors voted 13–1 on Tuesday to approve a $229.2 million funding plan for athletics.

Virginia Tech Board of Visitors approves additional $229.2 million for athletics

In a move designed to help Virginia Tech compete with the top schools in the Atlantic Coast Conference, the university’s Board of Visitors voted 13-1 to increase the athletics department operating budget, adding $229.2 million over the next four years through revenue and expenditure adjustments.

Virginia Tech board votes to increase spending on college sports

In a brief special meeting Tuesday, the Virginia Tech Board of Visitors voted 13-1 to increase funding for intercollegiate athletics in a bid to remain competitive with other schools in a dramatically changing college sports environment. John Rocovich, the board’s rector, called the vote — which will add $229.2 million to athletics spending over the next four years — “a pivotal moment” for Virginia Tech. Virginia Tech President Tim Sands said th…

Va. Tech plan to add $229M to budget approved

The Virginia Tech board of visitors overwhelmingly approved a plan to add $229 million to its athletics budget over the next four years.

Virginia Tech votes to make athletics a major priority

The budget tops out at $229 million.

VT Board of Visitors approves $229 million athletics investment plan to boost ACC competitiveness

Virginia Tech’s Board of Visitors has approved a $229 million investment plan over four years to elevate the university’s athletic programs within the Atlantic Coast Conference (ACC).