Donations failed to meet the goal of $125 million by 2014, but they weren't non-existent.  According to the Coloradoan, they had raised $26.2 million by mid-2015, over 2 years ago.  They also received $20 million (spread over 30 years) from an anonymous donor for the Sunny Lubick naming rights, and New Belgium Brewing Company paid $4.3 million for the rights to put a pub in the stadium.

Unlike most sports, football generates profits to the university, and this stadium should improve ticket sales revenue, recruitment, and TV revenue.

Prior to 1990, CSU had one of the worst football programs in the country.  Beginning with Earl Bruce, they've gradually become more competitive, but a coach is only as good as his players, and this stadium will help them recruit better ones and get them into more lucrative bowl games, more ticket sales, and perhaps a better league.

Scheduling Oregon State for the opener, no one will accuse them of padding their record with cupcakes.