The Daily Tar Heel
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It seems that the only one ignoring reality is associate opinion editor Greg Margolis in his column “Stadium plans ignore reality,” (Oct. 7).

The recession is no reason for the Rams Club not to fund stadium renovations or for the University not to support it.

A private organization whose goals and purpose are primarily to provide athletic scholarships and capital improvements is using their money to do just that.

Telling them to sit on the money, which is just going to keep growing, isn’t going to give you, me, or anyone else a job, it won’t increase teacher salaries, and most of all, it won’t actually accomplish anything.

Renovating the stadium will likely bring more fans, more people who can afford luxury boxes and make donations, and, most importantly, bring more money into the athletic department. That money is money the University controls.

That money is money that can be, and already is shuffled to other areas of the University that need help.

The reality is that collegiate athletics at this level are a business.

Businesses don’t make money without investments. Someone else is investing in our business, and we should be happy about it.

Joe Pipkin
UNC '08

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