Bank of Hawaiʻi, First Hawaiian Bank, Matson, Jack Tsui and Walter Dods will each contribute $200,000 annually over the next five years, creating a $1 million-per-year foundation for UH Athletics as it navigates the rapidly changing landscape of college athletics.
The announcement was made during a press conference at the University of Hawaiʻi at Mānoa, where university leaders, donors, coaches and student-athletes gathered to celebrate what UH Athletics Director Matt Elliott described as a transformational moment for the program.
“We are here today because leaders in our community decided to create hope,” Elliott said. “What you’ve done is provide inspiration. You’ve inspired us all.”
Elliott: “This Is About Team Hawaiʻi”
Elliott spent much of his remarks highlighting the accomplishments of UH Athletics over the past year, including five conference championships, a men’s volleyball national title, a Hawaiʻi Bowl victory, a return to the NCAA Tournament for men’s basketball, and 170 student-athletes earning degrees.
But he repeatedly returned to a broader message.
“This is about our fans, our community, and our student-athletes all coming together,” Elliott said. “Because we can pursue joy, we can pursue excellence together, and we can have an amazing time doing it.”
Elliott also emphasized that the gift provides a critical starting point, but not the finish line.
“We now know that we have a foundation to build our fundraising and other revenue-generating support,” Elliott said during the Q&A session. “Each year we’re going to set our goals, try to figure out what it takes to be competitive.”
Dods: “The Reality Is Already Here”
Former First Hawaiian Bank CEO Walter Dods delivered perhaps the most direct message of the morning regarding NIL and the changing realities of college athletics.
“People can certainly have different opinions about whether college athletes should be compensated,” Dods said. “But the reality is already here.”
Speaking off-script during the press conference, Dods challenged those still skeptical of NIL.
“We have great leadership. We have great coaches. We have a wonderful community. But we still need M-O-N-E-Y,” Dods said. “People say, ‘Why should we do this? Why should they get paid?’ Hey, this is the real world now.”
Dods also encouraged others to follow the example of the five lead donors.
“I’m going to speak out and beg the community to look at forming your own little teams of five people with five-year pledges,” Dods said. “I don’t care if it’s $5 or $50,000. Let’s get together and let’s make it happen.”
Chang: NIL Is About Retention
UH football head coach Timmy Chang was asked how NIL directly impacts his program and offered one of the clearest explanations of the current environment.
“Recruiting and retaining has a dollar value to it,” Chang said. “There is a free agency that happens every single year in every single sport.”
Chang noted that athletes who perform at a high level often become targets for other programs.
“The better they look, the dollar amount goes up,” Chang said. “There is a dollar amount to trying to help recruit them and also retain them.”
He later pointed specifically to local standouts who have chosen to stay home.
“Having players like Micah Alejado stay home and Pofele Ashlock come and play for us and to keep and retain those guys, it is a real thing,” Chang said.
UH Estimates $5 Million Annual Need
One of the more notable revelations from the event was confirmation that UH Athletics believes it needs approximately $5 million annually in NIL support to remain competitive within the Mountain West Conference and nationally.
During the Q&A session, Chang acknowledged that while exact NIL figures around the country are difficult to track, UH has identified roughly that amount as its target.
“We shot a goal as an athletic department to raise $5 million,” Chang said. “And that gets us there.”
The newly announced commitment provides $1 million annually toward that goal.
A Leadership Gift — And An Invitation
Several speakers stressed that Wednesday’s announcement should be viewed as a catalyst rather than a complete solution.
“This is just a start,” Matson Senior Vice President Leonard Isotoff said. “We hope more will join.”
First Hawaiian Bank Chairman and CEO Bob Harrison said timing was important.
“UH programs need the money now,” Harrison said. “Student-athletes are making decisions now.”
Elliott echoed that sentiment when asked whether the commitment could inspire additional support.
“That’s what a leadership gift does,” Elliott said. “It sets the tone and the stage for others who want to be a part of it and participate.”
Notable Quotes
Matt Elliott on local athletes staying home:
“When Micah and Lester and Luther and Dean and Pofele and Jamih and others chose that they wanted to be here at UH, they made the decision that they want to keep playing here. They didn’t want to go somewhere else.”
Walter Dods on UH’s role in Hawaiʻi:
“We don’t have professional teams. This is our professional team.”
Timmy Chang on representing Hawaiʻi:
“There is only one school that represents the state and all eight islands.”
Jim Polk, Bank of Hawaiʻi CEO:
“The landscape of Division I athletics has changed dramatically and communities that want their universities to compete at the highest level are going to have to find new ways to support our athletes.”
Bob Harrison, First Hawaiian Bank CEO:
“We have to respond to it. We have to support our local teams.”
Takeaway
Wednesday’s announcement does not solve UH’s NIL challenge overnight, but it provides something the department has been seeking since the NIL era began: a significant, multi-year foundation from respected leaders in Hawaiʻi’s business community.
Just as importantly, the donors repeatedly framed the commitment as a starting point rather than an endpoint.
The message from university leadership, coaches and donors was consistent throughout the morning: NIL is now part of college athletics, and if Hawaiʻi wants to retain local talent and compete at the highest levels, broader community support will be needed moving forward.
CLICK HERE for way to support ‘Bows NIL.
Miles away in North Dakota, Rapozo still keeps Kauai in his heart
VALLEY CITY, N.D. — Thousands of miles from home, Christopher Rapozo carries Kaua‘i with him every time he steps onto the football field. The Valley City State University junior has made the journey from Kapa‘a to North Dakota, where he has earned a starting role as...
Hawai’i rains down from distance in comfortable exhibition win over HPU
HONOLULU – Sweet shooting to a win over the Sharks. The University of Hawai’i men’s basketball team enjoyed themselves in an 89-60 exhibition victory over Hawaii Pacific University on Sunday evening as the Rainbow Warriors connected on 14...
Justin goes back-to-back as Hawai’i remains towards top of Mountain West
HONOLULU – DJ, play that song again. University of Hawai’i women’s soccer goalkeeper Kennedy Justin earned her second consecutive Mountain West Defensive Player of the Week honor on Monday morning after posting her third straight clean sheet in a...
Alejado grabs third career Mountain West Offensive Player of the Week award
HONOLULU – Alejado Air is back online. University of Hawai’i sophomore QB Micah Alejado was named the Old Trapper Mountain West Offensive Player of the Week on Monday morning, becoming the first Rainbow Warrior to receive offensive conference...
Hawai’i sweeps UNLV again to extend win streak to 10 straight
HONOLULU – Somehow a night that started with the national anthem and Hawai’i Pono’i being played on the electric guitar only got more rocking as time went on. After assistant coach Will McDonald shredded to start the night, the University of...
2026 OIA Football Playoff Schedule
2026 OIA Playoff Schedule Open Division First Round Results Friday, October 23: Campbell 42, Leilehua 7 (LISTEN ON DEMAND) Saturday, October 24: Kahuku 36, Kailua 0 Thursday, October 29 Division II Semifinals Final: Castle 13, Kalaheo 31...
Explosive first half helps Hawai’i to blowout win at Northern Illinois
Now THAT’S more like it. Behind a balanced offensive attack and opportunistic defense, the University of Hawai’i football team stepped on the gas and never looked back during a 56-21 victory at Northern Illinois (0-7, 0-3 Mountain West) on...
Sharks Weekly: HPU Men’s Basketball Embraces Toughness, New Faces Following NCAA Tournament Run
Hawai‘i Pacific University men's basketball enters the 2026–27 season looking to build on its return to the NCAA Tournament, with a retooled roster and an emphasis on toughness, competitiveness and maintaining the program's upward trajectory. Head...
Three players to watch as Hawai’i heads to Northern Illinois for the first time
HONOLULU – It’s a rivalry as old as… well, this year. The University of Hawai’i football team travels to face Northern Illinois for the first-ever meeting between the programs on Saturday as both squads look to secure their first Mountain West...
Hawai‘i Seeks First Conference Win in Historic Road Trip to Northern Illinois
Hawai‘i heads into unfamiliar territory this weekend, both geographically and in its pursuit of a much-needed victory. The Rainbow Warriors (1-6, 0-4 Mountain West) travel to DeKalb, Illinois, for their first-ever meeting with Northern Illinois...






