Oaklawn president donates $500,000 to Razorback Foundation

by Talk Business & Politics staff (staff2@talkbusiness.net)

Oaklawn Racing Casino Resort President Louis Cella has donated $500,000 to the Razorback Foundation at the University of Arkansas and is challenging other businesses to contribute to the foundation.

Cella, a graduate of the University of Arkansas School of Law, said in a statement that “these are tough financial times for college sports,” and the foundation is no exception.

“They are competing in the toughest conference in the nation, and regularly going up against schools with far greater resources,” said Cella. “If the Razorbacks are going to remain competitive, it’s going to take backing from all of us. … I realize this doesn’t solve the financial crunch for U of A athletics.  But if more Arkansas businesses will consider pitching in too, it will be a huge step in the right direction for Razorback nation.”

Oaklawn president donates $500,000 to Razorback Foundation

UA renames Razorbacks basketball practice facility for donors following $5M gift

by Paul Gatling (pgatling@nwabj.com)

The nonprofit Razorback Foundation announced Thursday (Jan. 26) a $5 million donation from the Marty and Marsha Martin family of Little Rock. That donation will secure naming rights to the University of Arkansas’ Basketball Performance Center on the Fayetteville campus.

UA athletics officials will officially unveil the Marsha and Marty Martin Family Basketball Performance Center on March 4 before the Arkansas-Kentucky men’s basketball game at Bud Walton Arena. According to a news release, the University of Arkansas System Board of Trustees approved the name change at Thursday’s regular meeting.

“We are humbled by the generosity of the Martin family for this extraordinary gift,” UA Athletics Director Hunter Yurachek said in a statement. “For more than four decades, the Martins have displayed their passion for our program in numerous ways, including in investing their time and energy into cheering on our teams while also providing the support to help ensure our student-athletes and coaches are positioned for success. Our men’s and women’s basketball teams are fortunate to train and compete in one of the best basketball performance centers in the nation. It is certainly appropriate that this spectacular day-to-day Home of Razorback Basketball will now also honor this special family of Razorback fans.”

https://talkbusiness.net/2023/01/ua-renames-razorbacks-basketball-practice-facility-for-donors-following-5m-gift/

Trial Date Finalized in Bielema, Foundation Case

FAYETTEVILLE — A trial date has been set in the dispute between former University of Arkansas football coach Bret Bielema and the Razorback Foundation.

The trial is scheduled to begin the week of June 1, 2021, at the John Paul Hammerschmidt Federal Building in Fayetteville, according to a scheduling order issued Friday. U.S. district judge P.K. Holmes III is presiding over the case.

https://www.wholehogsports.com/news/2020/sep/18/trial-date-finalized-bielema-foundation-case/

Trial date finalized in Bielema, foundation case

Published: Friday, September 18, 2020 - A trial date has been set in the dispute between former University of Arkansas football coach Bret Bielema and the Razorback Foundation. The trial is scheduled to begin the week of June 1, 2021, at the John Paul Hammerschmidt Federal Building in Fayetteville, according to a scheduling order issued Friday.