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Dan Gilbert Makes $15 Million Donation to Michigan State Basketball Program

The gift will go towards a new addition and renovation of the Breslin Center

Chrysler Announces Expansion Of Car Manufacturer's Commitment To Detroit photo by Bill Pugliano/Getty Images

Sometimes it pays to have billionaire alumni.

It was announced today that Quicken Loans founder and Michigan State alum Dan Gilbert, and his wife Jennifer, also a Spartan, will be donating $15 Million dollars towards additions and renovations to the Breslin Center, in addition to supporting some phenomenal programs.

This is the second significant donation in the last year-plus for the Michigan State basketball program, after former star Draymond Green donated $3.1 Million for a new weight room last September.

From the official article...

The Gilberts' gift will support a new addition and renovation of the Breslin Center at MSU that will enhance the fan experience for the more than 500,000 people who attend basketball games and other events there each year.

The gift also will support two MSU programs; the Detroit Scholars Program (DSP) and the Resource Center for Persons with Disabilities (RCPD).

The DSP provides academic support and scholarships for Detroit-based students attending MSU, including those who are the first in their families to attend college or who have come from academically disadvantaged backgrounds. Michigan State enrolled 109 Detroit Promise Scholars in the 2016-17 academic year, the inaugural year for the program. The Gilberts' gift will provide funding to enhance counseling and support services to ensure a high level of retention and improve the chances of success for these students from Detroit.

The RCPD works with nearly 2,000 students each year at MSU to find solutions to the challenges that people with disabilities face in higher education, making the campus accessible to those who are visually impaired or deaf, have mobility challenges, learning disabilities, chronic health or mental health conditions or are on the autism spectrum.

Here’s the tape of the announcement from our friends over at MLive...

The Spartan Men’s Basketball team kicks off their preseason tomorrow, October, 27th against Northwood at the Breslin (7pm EST, BTN Plus).