The Nevada Board of Regents approved a financing plan for a new UNLV football training complex that university officials say will help boost recruiting.
The Las Vegas Review-Journal reportsthe regents voted 4-2 Thursday in Elko to approve a nearly $16 million bank loan to allow construction to begin by December.
The two regents who voted against the loan voiced concerns over the university’s fundraising initiatives.
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The training complex will be named after Lorenzo and Frank Fertitta, the former owners of the UFC who made a $10 million contribution to the facility.
The total project is slated to cost $28.5 million.