From UI sports information:
IOWA CITY, Iowa – A pair of prominent native Iowans and Iowa business leaders, Bruce Rastetter of Alden and Richard O. Jacobson of Des Moines, have each made a gift commitment of $5 million to the University of Iowa Foundation to support the renovation and expansion of administrative space and training facilities used by staff and student-athletes of the football program at the University of Iowa.
Gary Barta, the UI’s director of athletics, said the leadership gifts by Jacobson and Rastetter will help ensure the continued success of the project which received approval for further study by the Iowa Board of Regents, governing body for Iowa’s public universities and special schools, in October.
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The project is part of the next phases of the master plan for the UI’s football facilities. It will include expansion and improvements to the Jacobson Athletics Building and improvements to the UI’s current indoor practice facility known as the “Bubble.” The construction of the Ron and Margaret Kenyon Outdoor Practice Facility and the renovation of historic Kinnick Stadium were phases 1 and 2 of the master plan, respectively.