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Virginia Tech Lands Record $20 Million Athletics Gift to Fuel James Franklin’s Rebuild

The donation underscores the university’s $229 million Invest to Win plan to elevate competitiveness across programs.

Overview

  • The university said Monday that an anonymous donor contributed $20 million, the largest athletics gift in school history, surpassing a $15.2 million mark set in 2017.
  • Virginia Tech stated the funding will benefit all teams and specifically empower new head football coach James Franklin’s efforts.
  • The announcement follows the school’s pledge to invest $229 million in athletics over the next four years through donations and operational dollars.
  • Franklin called the support “critical” and said it creates powerful momentum for everything the program is building.
  • Since his November hire, Franklin has flipped multiple recruits and begun assembling his staff, pushing the 2026 class into the national Top 25, according to reports.