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Curtis Granderson is donating $5 million to build his alma mater a new ballpark

May 30, 2013, 3:15 PM EDT

Curtis Granderson Getty Getty Images

Curtis Granderson has had some awful luck this season, being sidelined by two major injuries, but he’s still making a big impact this year.

According to the Associated Press the Yankees outfielder has agreed to donate $5 million to his alma mater, the University of Illinois-Chicago, to “pay for most of the cost a new baseball stadium.” Apparently the total cost of the 1,200-seat ballpark is $7 million and it’ll be called Curtis Granderson Stadium.

Granderson was drafted in the third round out of UIC in 2002 and has earned about $44 million during his career, so in addition to $5 million being a ton of money in general it’s a pretty big chunk of his lifetime earnings.

  1. The Dangerous Mabry - May 30, 2013 at 3:24 PM

    That’s awesome. It’s the kind of thing I’d like to tell myself I’d do in his shoes. Then I get a little sad, because I know I probably wouldn’t.

  2. meadowsm20 - May 30, 2013 at 3:28 PM

    Good for him and UIC. It’s a win-win, they get a new stadium and he gets an enormous tax write-off.

    • Kevin S. - May 30, 2013 at 3:47 PM

      I will never understand the write-off cynacism surrounding large donations. For simplicity’s sake, let’s assume the marginal rate on that entire $5 million is 40%. Grandy’s still down $3 million – he doesn’t actually make any money with this gift.

      • historiophiliac - May 30, 2013 at 4:12 PM

        Indeed, I always think that it’s more likely having their name on something that they truly are after (not that I think that’s what’s driving Grandy here).

      • bigharold - May 30, 2013 at 4:53 PM

        ” .. always think that it’s more likely having their name on something..”

        For that kind of money it’s just fine if that’s what he wants.

        Slice it anyway you want it but at the end of the day he did something worthwhile and it will cost him millions. What’s worse, Granderson donating 5 mil, .. even if it’s to get his name on something and a tax write off or us speculating on his nefarious reasons?

      • historiophiliac - May 30, 2013 at 5:16 PM

        Besides meadow, who is speculating on Grandy’s reasons?

    • sandrafluke2012 - May 30, 2013 at 7:43 PM

      Why didn’t Al Gore and Biden donate much?

      • badintent - Jun 1, 2013 at 3:39 AM

        al was whipping the baboons running on the spin wheels on his Global warming machine,Biden was trying to pull his foot out of his mouth…again.

  3. historiophiliac - May 30, 2013 at 3:32 PM

    Way to go, Grandy.

  4. manute - May 30, 2013 at 3:44 PM

    And here I was afraid that the college athletes would have to make do without a luxurious ballpark!

  5. pjmitch - May 30, 2013 at 3:51 PM

    I’m not a tax guy but here is a question…..do you think that Grandy actaully writes the check off of his income or does he work out a deal with the Yanks where they deduct it from his salary (hence Grandy isn’t taxed on the 5 million) and the Yanks get the tax write-off?

    • pipkin42 - May 30, 2013 at 3:56 PM

      My gut says that would violate the CBA, but I’m likely wrong.

    • Kevin S. - May 30, 2013 at 4:08 PM

      That doesn’t benefit Grandy at all – he pays no taxes on the $5 million once he donates it. It’s also probably illegal under the CBA – MLBPA won’t like the reduction in salary and MLB would see it as a dodge around the luxury tax.

      • pjmitch - May 30, 2013 at 5:37 PM

        I would disagree on that. I donate a lot of money to my church and my accountant says it is not a 1 for 1 write-off

      • Kevin S. - May 30, 2013 at 5:49 PM

        It’s possible that not everything your church does is tax deductible. It’s also possible when he says that it’s not one-to-one he means that the taxes you owe aren’t reduced the amount you give, but that the amount of money you get taxed on is reduced by that amount.

      • Kevin S. - May 30, 2013 at 5:51 PM

        It also could be that your church donation write-offs change you from standard deduction to itemized deductions.

  6. beefytrout - May 30, 2013 at 4:15 PM

    Granderson Field sounds better than Curtis Granderson Stadium, but awesome act by the guy no matter what.

    • cur68 - May 30, 2013 at 4:34 PM

      And you’d sit in the Granderson Stands. Perfect.

      All beer would be sold in 3 sizes: small, medium and Granderson.

      Make it so, UIC.

      • bigharold - May 30, 2013 at 4:55 PM

        Cur, .. You might have put a tad too much thought into this…

      • historiophiliac - May 30, 2013 at 5:15 PM

        I’ll have the Nachos Grandy.

      • paperlions - May 30, 2013 at 5:25 PM

        In general, beer isn’t served at college stadiums.

      • churchoftheperpetuallyoutraged - May 30, 2013 at 5:27 PM

        And you’d sit in the Granderstands. Perfect.

        Fixed that for you

      • cur68 - May 30, 2013 at 7:24 PM

        In general, beer isn’t served at college stadiums.

        I keep forgetting you don’t let your kids drink till they are 21. In Alberta, there IS beer served at University and College stadiums. We can drink at age 18. Isn’t that Granderson?

      • historiophiliac - May 30, 2013 at 7:37 PM

        Al-brrrr-ta? That doesn’t even sound like a real place. Oh, there’s a magic land up north where people drink at 18, everyone’s friendly, and the entire country only has one baseball team. Jeah, beliebable.

      • cur68 - May 30, 2013 at 7:45 PM

        Oh right, like “Oklahoma” is realer, right? I don’t know anyone from there. Nothing comes from there. Its made up. Like Oz.

        Round here, we feed the nation, supply it with oil, have world class skiing, and breed the finest sled dogs on the planet. People know us EVERYWHERE (everywhere you travel by sled dog, that is).

        What do they do in this mythical Oklahoma, then? Aside from hypothetically ruining perfectly good food in a a deep fat fryer, I mean. That can’t be real, either. Who deep fat fries a pickle? Gross.

      • historiophiliac - May 30, 2013 at 7:56 PM

        A pickle? Pssht, man, that’s NOTHING. If you crawl through the refrigerator on the front porch, you enter a magical land where we DEEP FRY MACARONI AND CHEESE. Also, watermelon and ice cream. That’s right, we can fry frozen dairy, bitches!

      • cur68 - May 30, 2013 at 8:35 PM

        You people are mental.

      • historiophiliac - May 30, 2013 at 8:40 PM

        We can fry those too.

  7. diehardcubbiefan4life - May 30, 2013 at 5:04 PM

    WOW! I didnt know he used to go to UIC…thats where Im going this fall! This is cool!

    • jlovenotjlo - May 30, 2013 at 7:33 PM

      He’s also from the south suburbs, went to TF South.

  8. sandrafluke2012 - May 30, 2013 at 7:41 PM

    Granderson= Product of a 2 PARENT home that went to good schools. Hear that teacher’s unions and welfare state liberals?

    • historiophiliac - May 30, 2013 at 8:02 PM

      Aren’t you late for a slut-shaming or something?

      • furryroadkill - May 30, 2013 at 8:50 PM

        They still have those?

      • historiophiliac - May 30, 2013 at 9:54 PM

        Well, s/he seems to be stuck in 2012…

    • Kevin S. - May 30, 2013 at 9:20 PM

      Yeah. Those dastardly teachers’ unions and welfare state liberals, doing everything to prevent resources from going to make schools better!

      Oh, wait…

      • sandrafluke2012 - May 30, 2013 at 10:47 PM

        Can’t fire bad teachers? check
        Don’t want to give vouchers to poor black kids? check

  9. weaselpuppy - May 30, 2013 at 11:43 PM

    Helluva guy. My Favorite Tiger of the 2000s. Still happy he helped get us AJax and Maxx. He should have a lot bigger media footprint, he’s really an unbelievably good role model. Almost perfect. If this were the 80s he’d be the Face of the Game.

    Interesting to see if he goes to the WSox in FA to come home. That park will still play to his revamped HR centric swing. They’ll have the money to drop 4/$60 on him, as long as he plays a solid 2nd half.

  10. stoptrippn - May 31, 2013 at 2:50 PM

    Good feeling story. This is a guy who wasn’t the top pick but worked his butt off

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