That is very likely. But the university didn't have to sign of on a $240 million project that, frankly, has been slated for about 20 years in their master plan; yet it did sign off on it, and it was specifically stated it wasn't contingent on donor levels. Well here those donations are...and I guess the new chancellor is surprised Pitt's boosters aren't like Minnesota's apparently. Well, welcome to Pitt.
I'll tell you the concerning thing in Zeise's article was about how some in the AD thought the Pete's renovations were "extravagant". Uh, no, they are just playing catch up after falling behind. If that attitude is an indication of where things are heading, Pitt athletics is in major trouble. No matter what issues people had with Lyke, and I myself have criticized her multiple times, overall the athletic department has been operating like a major athletic department more so than at any time in its history.
Athletic facilities overhaul is decades over due, so just finish VH as a first class joint and be done with it and then direct all energies to NIL and the professionalization. Pitt needs the upgraded facilities too, and those who say then don't whether inside the AD or not, are delusional. The university just needs to suck it up, because sorry, the $150 renovation to Hillman wasn't necessary either (and is hated by the students), and also won't generate a dime of revenue either.
Here's the thing the university is going to have to wrap its head around...the budget designated for athletics is only going to have to increase and donations and revenues are not going to increase proportionately. If Pitt wants to continue in big boy athletics, the university is just going to have to carve out a larger portion of the university budget every year because Pitt's athletic department never has, and never will, come close to covering its own expenses. Start planning for more subsidies to athletics now, a lot more, not less. It needs to be baked into future budgets.