My estimated cost is $400 million.
$100 million for land acquisition
$300 million for the stadium
$100 million financed by Pitt athletics with a 30 year muni. Debt servicing would be about $5 million/year which is similar to Georgia Tech right now.
$200 million from mega donors (Tepper)
$100 million from Pitt general
I think Barnes will pretty much say we can have a stadium if we raise $200 million. Obviously you are going to need 75% of that to come from a dozen or so uber rich. So, if we dont get a stadium, it will be because the fans didnt want to pay for it......and maybe that's the best way to do it. Put it on us (and the uber rich).
A guy like Tepper could write a check for it tomorrow. I have no idea what he thinks of Pitt football or the idea of a "Tepper Stadium" but guys like him are throwing tens of millions at athletics programs all over the place.