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.
High-speed Hawai’i offense on full display in exhibition win over Hawaii Pacific
HONOLULU – Runnin’ Rainbow Wahine. The University of Hawai’i women’s basketball team took to the floor for the first time under the leadership of first-year head coach Khalilah Mitchell on Wednesday night, dominating to the tune of a 90-38...
After years of change, HPU’s Maile Salang finds home in Hawai’i
HONOLULU – Before making her way to the islands, Maile Salang was a bit of a school nomad. From Oregon originally, Salang graduated high school in the Philippines. She split her time between two different elementary schools, two separate middle...
Kamehameha-Maui moves back into Top 25 of Lasquero’s Football Power Rankings
Michael Lasquero gives his Top 25 best teams in the state heading into the 12th weekend of the Hawaii High School Football season.1. Kapolei (7-1) Previous rank: 1 Last week: idle This week: idle Analysis: As the No. 1 seed in the OIA Open...
Sharks Weekly: HPU Women’s Basketball Builds on Experience, Unity Entering Year Two
Hawai‘i Pacific University women’s basketball enters its second season under head coach Brent Gibson with a stronger sense of identity and a roster looking to build on the foundation established a year ago. Gibson joined Sharks Weekly alongside...
Rainbow Wahine Invitational Tees Off with Purpose, Supporting Kaua‘i Hurricane Relief
KAUA'I, HAWAI'I – The 30th Rainbow Wahine Invitational is about more than golf this year, as the University of Hawai‘i's annual women's golf tournament brings together collegiate athletes and supporters to help Kaua‘i families recovering from...
Pair of clean sheets help Justin secure Mountain West Defense Player of the Week
HONOLULU – The leader of the “No Goal Patrol” keeps powering up. University of Hawai’i junior goalkeeper Kennedy Justin was named the Mountain West’s Defensive Player of the Week on Monday after helping the Rainbow Wahine soccer team extend its...
Sylvester snags Mountain West Defensive Player of the Week honors
HONOLULU – Host a block party, reap the rewards after. University of Hawai’i middle blocker Miliana Sylvester was named the Old Trapper Mountain West Women’s Volleyball Defensive Player of the Week on Monday morning after posting 22 total...
New Mexico overcomes nightmare first half to hand fourth straight loss to Hawai’i
HONOLULU – The devil is in the details. Despite holding a double-digit halftime lead, committing less penalties and forcing more turnovers than the defense that entered the night pacing the country in total takeaways, the University of Hawai’i...
Postgame Notes & Quotes: Hawai‘i Falls to New Mexico After Second-Half Shutout
HONOLULU — Hawai‘i carried a 10-0 lead into halftime Saturday night but was unable to hold off New Mexico, falling 21-10 in its 75th Homecoming Game at Clarence T.C. Ching Athletics Complex. The Rainbow Warriors (1-6, 0-4 Mountain West) held the...
Hawai‘i Looks to Turn the Page Against Surging New Mexico on Homecoming
HONOLULU — At the midway point of the season, Hawai‘i finds itself searching for answers. The Rainbow Warriors have remained competitive in stretches but have struggled to turn opportunities into victories, a trend they hope to reverse Saturday...






