Over $10M of the required $13M has already been raised. The facility is going to get built.
It helps that the Virginia Athletics Foundation is surely among the best fundraising bodies for a collegiate athletic program in the country - the VAF does not receive any money from The University itself - and the alumni base of Virginia is both large (at least 160,000) and far-reaching. By no means the largest in the country - UVa doesn't have the undergraduate throughput of a very large school like Ohio State or Michigan - but very large nevertheless.
To the argument of TV markets, the largest Virginia alumni bases are in DC, New York City, Richmond, Atlanta, and Baltimore. I'm not going to sit here and say that Virginia is a media behemoth like Texas, but there are plenty of people who will tune in to watch UVa play.
Then there's that whole deal of being attached to the hip with Virginia Tech and the College of William and Mary, which I've mentioned a few times. The leaders of these schools are very connected and very involved in political matters in the state. None of those schools are going to make a drastic move without ensuring the solvency of the others. The state politicians likely won't allow it either.
Virginia will absolutely be just fine. Anyone who doesn't see this isn't looking beyond the recent win-loss record of the football team, and we actually performed pretty well this year, lol.
With that, I'm done talking about UVa; I'm sure some of you are sick if, haha.
Comment