Nothing major gets done at Temple University without it being approved at a Board of Trustees Meeting.
That was true for the Apollo of Temple, now known as the Liacouras Center, and also true for the $50 million basketball practice facility and the $17 million football training facility. To assume that a $300 million stadium is going to get done behind the scenes with all that as a backdrop is a fallacy.
So another meeting of the BOT having come and gone without a stadium announcement—or even a discussion of a stadium—speaks volumes. Meetings were held in December, March, May and now July without mention of a stadium.
The next question has to be why. For that, all you have to do is look at the funding for Matt Rhule’s Jetpack. As a joke, a poster named “Victory Engineer” set up a “Go Fund Me” for a Matt Rhule Jetpack on July 3 and posted it on Owlsdaily.com. It has been seen by nearly 2,000 viewers and raised a grand total of zero dollars.
You would think someone, even as a joke, would have given five bucks in two weeks but, so far, nothing.
What does this have to do with a stadium?
Temple people are notoriously protective of what is inside their wallets–perhaps as a Pavlovian Response from spending four years near the edges of the Green Zone (17th Street on the West and 10th Street on the East)–and the strong rumor is that the BOT will not allow discussion of a stadium until $25 million is raised by stadium backers. So far, that figure has fallen far short—about $24 million short—and, at this rate, a stadium will not be discussed until the October meeting.
It’s time to extend the Lincoln Financial Field lease now and worry about a stadium later.
As far as Matt Rhule’s Jetpack, that has a much better chance of happening on Sept. 6 should the result of the Penn State game turn out to be in the Owls’ favor.