For $350 million any stadium should look good. Unfortunately, USF seems to have the mindset of Congress...spend money that doesn't exist or is completely reckless. The difference....USF just can't make money up out of thin air, and let over 330 million people foot the bill (directly and/or indirectly). They should have been pushing for this back when we did. The gap between the halves and the have-nots is growing, and costs are skyrocketing for everything. This sounds like a way to bury their program for sure. They need to get creative.....very creative. Tulane's Yulman Stadium seats 30k and cost 73 million (opened in 2014). They got 32.5 million of that cost from 2 megadonors. That project probably costs at least double that now.
For a more modern-day example pulled from Wikipedia, San Diego State got involved with a major city/state college-wide project, with 310 million in costs incurred on a 35K multi-purpose stadium to be opened this season. That means SDSU is not on the hook for all of this. The only specifics I could find on who is responsible for the $310 million is in the article at this link:
https://www.sandiegouniontribune.co.../story/2020-03-24/sdsu-mission-valley-stadium
"The entire $3.5 billion SDSU Mission Valley project includes housing, office and retail space, hotels, and 80 acres (32 ha) of parks and open space, including a 34 acres (14 ha) acre river park along the
San Diego River on adjacent city property, and will be developed in phases over 10–15 years. The stadium will seat 35,000 fans and is being built to support college football, non-football NCAA championship games, professional soccer, rugby, lacrosse, and special events such as concerts. The stadium was designed to be expandable to a capacity of 55,000 (complete with a plan and renderings for such an expansion) or more to accommodate a prospective NFL return to San Diego and/or future needs of the Aztecs football team.
On December 6, 2021, San Diego State announced a naming rights agreement with
Qualcomm, who also owned the naming rights to the original stadium. The stadium will be known as Snapdragon Stadium, named after Qualcomm's
Snapdragon brand of
Systems on a chip.
On December 15, 2021,
San Diego Wave FC of the
National Women's Soccer League (NWSL) announced it would move to Snapdragon Stadium starting in September 2022 following the stadium's completion; the club began its inaugural 2022 season at
Torero Stadium at the
University of San Diego.
In January 2022, it was announced that San Diego would be home to the
2023 World Lacrosse Championship, with Snapdragon Stadium to be the primary venue.
On February 2, 2022, the
San Diego Legion of
Major League Rugby (MLR) announced Snapdragon Stadium to be their new home beginning in 2023."
Unless USF gets some kind of project lined-up like this, I don't see how they can afford to stay in the arms race.