St. John's receives $32.5 million gift, will build new basketball practice facility | amNewYork
Briefly

St. John's University recently announced a historic $32.5 million donation from William J. Janetschek, which is directed toward enhancing its basketball program. This substantial contribution includes $25 million for a new on-campus practice facility, alongside $7.5 million dedicated to scholarships. The facility, featuring advanced technology and training amenities, is expected to significantly improve the athletic environment for both the men's and women's teams. St. John's basketball is already gaining momentum, having achieved remarkable success in recent seasons, making this investment particularly timely and impactful.
We are incredibly grateful to Bill Janetschek for his visionary support. His donation will have a lasting impact on our program and our players.
Bill's transformative gift will significantly enhance St. John's basketball programs and exceed any monetary measure, reinforcing the importance of community and support.
Construction of the facility is scheduled to begin in the coming months and is expected to be completed in 2027, featuring modern training equipment and technology.
Read at www.amny.com
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