They must be close to having the money raised. They wouldn't have said anything publicly if they weren't
They are also a top-10 program and are competing at a high level. The Softball stadium, while nice is small and not in the best shape compared to others in the conference.
While I think its dumb (as a alumni) for them to rush out and build ANOTHER stadium and still not have a field house for the wrestling team, I am sure they want to keep the coach and the momentum going with the program. I also think they want to compete with OU, and while they can't ever really do that (because lets face it OU is in another stratosphere) I am sure they would like to stay in that conversation.
I think it's blowing money if their stadium is only 20 years old. Can't they expand the existing one?
Well, after seeing how pitifully small Stillwater is, prospective student athletes definitely come to realize that Stillwater has next to nothing to offer them, so OSU knows it better have bigger and better updated athletic facilities to entice new student athletes to make them forget about living in Stillwater. It's quite a wonder OSU does as good as it does in sports.
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