Bruininks: Deal with Sanford is ‘fifty-fifty’ chance

University President Bob Bruininks said the institution has a “fifty-fifty” chance of reaching a deal with potential stadium donor T. Denny Sanford, the Star Tribune reports in today’s editions.

Bruininks told the paper Sanford and the University must agree “pretty soon” on the terms of Sanford’s proposed $35 million donation.

“I don’t want to put a drop-dead date on it,” the paper quotes Bruininks as saying. “But I can tell you that we can’t stay in a position where we essentially don’t have this issue resolved.”

In announcing his donation plans Sept. 5, Sanford said Bruininks had agreed to his terms.

But in early October, Bruininks called the terms “unacceptable.” Talks continue on those details, which, as disclosed in early October, included whether Sanford will control the stadium’s naming rights and whether he will be allowed to withhold his donation until 18 months after the stadium is completed.