The Associated Press | December 31, 2013 Baylor to name new football stadium in honor of McLane family Share WACO, Texas -- Baylor University says its new football stadium will be called McLane Stadium in honor of alumnus Drayton McLane Jr. and his family.McLane, former owner of the Houston Astros, is a 1958 Baylor grad and former regents chairman.It was announced in March 2012 that McLane's family had given the school the largest capital gift ever -- more than $20 million -- toward the stadium, which will open next season.The sixth-ranked Bears make their first BCS appearance when they play No. 15 UCF in the Fiesta Bowl on Wednesday night.The 45,000-seat, $260 million stadium is under construction on a 93-acre site at the intersection of Interstate 35 and the Brazos River. The McLane gift propelled the school to successful fundraising for the stadium. College basketball: What is the Jimmy V Classic? Here's what you need to know about the Jimmy V Classic, which is inspired by former North Carolina State basketball coach and ESPN commentator Jim Valvano and his fight against cancer. READ MORE 7 programs with strong cases to be college basketball's next 1st-time champion These schools have never won a men's basketball national championship — for now. READ MORE Schools with the most DI women's basketball national championships UConn has more DI women's college basketball titles than any other program. Here's a look at the women’s basketball teams that have won two or more national championships. READ MORE