AMP News Sports/Outdoors

ASU receives $10M gift from Allison, Centennial Bank

Football field to be named for Allison 

The football field at Arkansas State University will be named “Allison Field,” following a combined $10 million donation from the Johnny Allison family and Centennial Bank to the Red Wolves Foundation.

The ASU Board of Trustees agreed to the name during a meeting on Monday, also agreeing to name the proposed north end zone facility “Centennial Bank Athletics Operations Center.”

During the meeting, it was announced that the foundation would receive a personal contribution of $5 million from Allison, founder and chairman of BancShares, the Centennial Bank parent company. Allison is an ASU alum and former trustee, having also played on the 1968 football team.

(From left) – Niel Crowson, Stacy Crawford, Terry Mohajir, Tracy French, Chuck Welch, Davy Carter, Johnny Allison, Jennifer Allison, Blake Anderson, Kelly Damphousse, Ron Rhodes and Bunny Adcock.

Allison’s donation is coupled with a $5 million gift from the bank. The deal extends Centennial’s naming rights agreement through December 2037.

According to a release, the two gifts will be used to help fund the $29 million renovation and expansion project on the north end zone at the football stadium. The new facility, which was approved by the board last month, will serve as a football and general athletics operations center. The expansion, to span approximately 66,500 square feet, will also add premium seating and other aesthetic enhancements to Centennial Bank Stadium.

“The Allison family is delighted to be able to make this contribution, alongside the Centennial Bank contribution, with the goal to provide the student athletes at Arkansas State University new opportunities for additional success in multiple areas,” Allison said on Monday. “We couldn’t be prouder to assist and be associated with such an impactful project for Arkansas State University.”

ASU Chancellor Kelly Damphousse thanked Allison, not only for Monday’s donation, but also his many other contributions to the intuition over the years.

“On behalf of the students, faculty, and staff of Arkansas State, I want to add my appreciation for not only today’s generous gift, but for a lifetime of service to our university by Johnny and the Allison family,” Damphousse said on Monday. “This private support for the north end zone project allows our athletics department to address space and facility issues for all 17 sports, not just football.”

Allison’s donation on Monday matches his 2014 donation as the largest personal gift commitment in ASU history.

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