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The way I read the article was that the $200 m was the cost of the total project and $75m was Phil’s share.
Either the costs for the total project were going up, along with Phil’s % share, or they were asking Phil to contribute a greater % for some reason (trouble with fundraising).
Lastly, say what you want about Phil and Tinker, but both of those dudes actually ran and jumped for Oregon at Hayward. Phil is not just some random rich guy. He lived Hayward. He knows what’s it’s all about more than perhaps anyone. One may not like his conclusion, but one cannot criticize him for being some rich outsider who doesn’t get it. That’s not usually the case in these things.
By the way, I read Shoe Dog and didn’t come away totally loving Phil. He was a great businessman, obviously. But a Strange dude.
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