Well, if there is one thing I know about fundraising...you have to know when to ask. This is not a HS bake sale where you are hoping to bring in 700 dollars.
I am not sure how he is ignoring other sports. Didn't he just hire a new tennis and golf coach? And wasn't there just an article about upgrades again?
Maybe the rumors are true but it just doesn't seem like they are to me. Who knows though, maybe the dude is a total mess.