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Robert Morris Receives Six-Figure Donation for Future Hoops Tournament



On Wednesday, Robert Morris announced that Russ Olsen, a class-of-1982 graduate of RMU, has made a six-figure donation in support of an annual multi-team tournament hosted at the UPMC Events Center.

“We couldn’t be more excited as well as thankful for the generosity of Russ Olsen for the gift to create a home tournament,” RMU head coach Andy Toole said. “Having the opportunity to showcase the UPMC Events Center and host multiple games in a tournament atmosphere is not only exciting for our program, but it’s great for the University and local and regional communities, as well. We’re looking forward to being able to put on a first-class event that everyone can both rally around and be proud of.”

Olsen, who recently worked as the CEO of Triad Life Services, has over 35 years of business experience, and has held executive positions at numerous Fortune 500 companies. The event will be dedicated to two of Olsen’s childhood friends, Richard Bennett and Philip Urban.

The event will run for a minimum of three years, per release.

“Russ is a great friend of Robert Morris University, and we are grateful for the opportunity to establish what will become a marquee university event for years to come,” said Robert Morris’ President Dr. Michelle Patrick. “We join Russ in celebrating and honoring the memory of his friends Richard and Philip.”

Sandy Schall, Coldwell Banker
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Tim Brown
Tim Brown
11 months ago

This alumni graduated in 1979. It wasn’t me.

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