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Nike founder gives $100 million for Oregon athletics

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The University of Oregon has received a $100 million gift, the largest ever to the school, to create the Oregon Athletics Legacy Fund to support competitive sports.

The donation from Philip H. Knight, an Oregon alumnus, track athlete and Nike founder, and his wife Penelope, is the lead gift in a $150 million campaign to endow the fund, which will be used to support all athletic programs.

The couple’s prior gifts to the university include $27.4 million to renovate and expand the school’s main library, $15 million to set up endowed chairs and professorships and $10 million for a new law school building.

With the gift secured, the university plans to begin plans for a new athletic arena.

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