Penn basketball and the Palestra get a presenting sponsor

On Tuesday afternoon, Penn’s Dr. M. Grace Calhoun, director of athletics and recreation, held a press conference to announce that Penn Athletics secured a sponsorship with Macquarie Investment Management. The multi-faceted agreement is highlighted by the group’s presenting sponsorship of the men’s and women’s basketball teams, as well as naming rights to the Palestra’s famed court.

Calhoun refused to disclose the length and value of the deal but noted the partnership is for several years and is the largest such agreement in the history of Penn Athletics.

Typically, a presenting sponsor attaches its name to a product. With respect to the “Cathedral of Basketball”, the hardwood will now permanently be known as “Macquarie Court at the Palestra.” Calhoun noted, iin response to questions from Jonathan Tannenwald of Philly.com and reporters form the Daily Pennsylvanian, that having a corporate name linked directly with the fabled arena was not an option. However, she did admit that the school’s famed football stadium, Franklin Field, and the Penn Relays could be considered for a deal in the future.

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Penn basketball leaving turbulence behind

 

See if you can find Steve Donahue in this picture. Rest assured, he hates two-point jumpers just as much 33,000 feet up in the air as he does on 33rd Street.

“Hey AQ, where have you been?” The question has arisen this season from many emails and tweets.  First, for those of you who have missed my pithy, yet pedantic,and occasionally puerile persiflage (800 Math, 790 Verbal), my apologies, and no, I have not retired. Instead, I have merely taken a step back to observe the rapid reshaping of the Ivy hoops landscape. Overall, this brief offseason has been arguably more tumultuous than the season itself. Yale captures the league outright for the first time in 54 years and then bags a tournament win over Baylor. Princeton does their “I got this. Oops, no I don’t!” routine in the NIT. Kyle Smith, after winning the CIT, triumphantly leaves Columbia (“Thank you and good night!”) as perhaps the torchbearer of a strange, new breed of Lions coach — a winning one. (I am hoping that they lose the secret formula for this perverse brand of eugenics, no doubt developed in some arcane lab on the Morningside Heights campus, before that institution actually gets used to victory.) Paul Cormier, after two straight ROYs, abruptly gets canned in Hanover which only proves that you can never go home again especially if that home is in New Hampshire, on the Dartmouth campus and you’re hired as its basketball coach. And Bill Courtney, well…even the muskrats at the bottom of the gorge could see that one coming.

So what about my beloved Quakers?

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Penn-Princeton Tuesday roundup

Penn 62, Princeton 60 (Women)

Where to begin? With another storybook ending for the Quakers on Princeton’s home floor, and some delightful deja vu for coach Mike McLaughlin’s Red and Blue.

Two years after upsetting Princeton in stunning fashion with an outright Ivy League championship on the line at Jadwin Gym, 80-64, the Quakers toppled the Tigers again in the same scenario, clinching their second Ivy title in three seasons as Jadwin guests. Penn’s win followed another two-point victory over Princeton this season, a 50-48 overtime triumph at the Palestra.

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Steve Donahue nails the little things, bigger things may come

Steve Donahue rocks the red and blue tie at his introductory presser Tuesday. (timesunion.com)
Steve Donahue rocks the red and blue tie at his introductory presser Tuesday. (timesunion.com)

It had to go off perfectly.

The hiring of Steve Donahue as Penn’s next head coach was the second major decision that M. Grace Calhoun had to make since coming on as Penn’s athletic director, and it will prove to be – for better or worse – the defining decision of her tenure. And thus, everything had to be perfect.

After all, people had their doubts. Former coach Jerome Allen had left the fan base with a bad taste in its mouth, from his questionable hiring by former athletic director Steve Bilsky, to the questionable manner in which he was dismissed by Calhoun just weeks ago.

In the same way that people surrounding the program feared that the administration had done its due diligence, those same people had a wealth of questions about Donahue. To the naysayers, the pros – his years as a Penn assistant, his three-year run of Ivy League dominance that included him leading a Cornell team to the Sweet 16 – are overshadowed by the cons.

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