Virginia Tech receives $75 million donation for athletic program

Yahoo Sports1 min read • Latest: Jun 5, 2026, 4:19 AM

Last updated Jun 5, 2026

Virginia Tech receives $75 million donation for athletic program
Summary

Virginia Tech has announced a $75 million donation from an anonymous fourth-generation Hokie family, benefiting the athletic department. James Franklin, the school's new head football coach, believes the funds will help enhance the football program's competitiveness. Athletic director Whit Babcock, who will retire soon, is integral to determining how these funds will be utilized. Franklin emphasized the need for a new athletic director who prioritizes football to improve program success.

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By the Numbers
  • Virginia Tech received a $75 million donation for athletics.
  • James Franklin expects the funds to build a stronger football program.
  • Whit Babcock is retiring, affecting future athletic leadership.
  • Franklin seeks a bold athletic director focused on football.
  • Investment in football aims for College Football Playoff contention.
Latest Updates
  • 4:19 AMYahoo SportsVirginia Tech, James Franklin Get $75 Million Donor Boost
What they're saying
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Virginia Tech is set to receive a $75 million donation, and James Franklin's football program stands to benefit from it.

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