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Big announcement?

I have heard some rumors about a 3.30 press conference to announce a big donation towards to the new basketball arena.  Seeing as I am not local, I am having a little trouble confirming.  I will post details as I hear them.  Please post any updates in the comments section as you find them...Thanks to jteubs for the heads up.

[Update by ntrebon]:  $100 million by Phil Knight, according to the Register-Guard.  Wow.