University of Hawaii receives $1 million for NIL fund

Yahoo Sports1 min read • Latest: Jun 16, 2026, 4:04 PM

Last updated Jun 16, 2026

Summary

The University of Hawaii celebrated a $1 million donation to its athletic department's name-image-likeness fund at a recent event. The pledge, made by local businesses including Bank of Hawaii and First Hawaiian Bank, totals $5 million over the next five years. Despite this support, UH faces a $5 million funding gap for the 2026-27 academic year due to NCAA commitments. Various fundraising events, including a golf tournament, are planned to help bridge this gap. Lawmakers previously declined to provide state funding for the NIL initiative but discussed creating an endowment fund for future support.

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By the Numbers
  • UH's NIL fund receives $1 million from local donors this year.
  • Total pledge for five years reaches $5 million.
  • Athletic department needs $5 million for the 2026-27 year.
  • Fundraisers for the football program are scheduled this summer.
  • Legislators proposed an endowment fund but did not allocate state funds.
Latest Updates
  • 4:04 PMYahoo SportsStephen Tsai: Even with help from financing 5, UH could use an assist
What they're saying
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It was quite the celebration at the University of Hawaii’s Ed Wong Room last week. Bank of Hawaii, First Hawaiian Bank, Matson shipping company, Jack Tsui and Walter Dods Jr. collectively donated $1 million this year — $5 million over the next five years — to the UH athletic department’s name-image-likeness fund to compensate student-athletes. UH administrators and coaches were delighted to ...

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