7-Figure Endowment for Seton Hall University Baseball

On Jun 27, 2024

Seton Hall University baseball alumnus Stephen Waldis ’89 and his wife Stacey Waldis ’90 have committed a seven-figure gift for the university’s Pirate baseball program that will establish the Steve and Stacey Waldis Endowment Fund for Baseball.

The endowment will help fund coaches’ salaries, operational costs for the program, and the naming of the Seton Hall bullpen for Michael Cocco ’86, a man synonymous with the program who passed away this past April.

Recognizing the positive impact of Cocco and the Seton Hall coaching staff on the student-athlete experience, Steve and Stacey Waldis have also issued a challenge to the baseball community in which they will match gifts dollar-for-dollar up to $250,000 for the Seton Hall baseball program.

Pirate fans and baseball alumni who would like to participate in the $250,000 match campaign in honor of Mike Cocco can do so online now at http://www.shu.edu/supportcocco.

“This historic gift from Steve and Stacey will have a profound and lasting impact on our baseball program for years to come,” said Seton Hall Director of Athletics and Recreation Bryan Felt. “In establishing the Steve and Stacey Waldis Endowment, this gift will ensure continued success for Seton Hall baseball student-athletes.”

“Steve has always been a tremendous supporter of Seton Hall University baseball and that continues with Steve and Stacey’s endowment, which will help our program immensely,” said Pirate baseball head coach Rob Sheppard. “It will help us adapt to the evolving landscape in college baseball and contribute to the success of our student-athletes.”

Waldis played for the Pirates from 1987-89 and became one of Seton Hall’s most reliable late inning pitchers in his final two seasons. Waldis ranked third on the 1988 team in appearances with 15 and he went 2-0 with two saves. He was also a member of the 1987 BIG EAST Tournament championship squad that advanced to the NCAA Regional. The Pirates went 117-45 in Waldis’ three seasons with the program.

Cocco made a lasting impact on Seton Hall baseball working under legendary head coach Mike Sheppard, Sr., first as a four-year student manager and then as a graduate assistant and assistant coach. He was a part of two Seton Hall teams that made NCAA Regionals and he was on staff for the Seton Hall squad that won the 1987 BIG EAST championship. Cocco also notably managed Seton Hall’s “B” team and he assisted then associate head coach and Seton Hall Athletics Hall of Famer Ed Blankmeyer with the pitching staff.

“All of us as players watched Mike’s commitment and work ethic every practice, every game, and every day,” said Waldis. “From ensuring our equipment was working properly to providing his coaching motivation, Mike set the example for us on and off the field and it made us want to be the best players we can be. Having this endowment and honoring Mike by naming the bullpen after him will remind every former and current player how important Mike was and always will be to the Seton Hall baseball program.”

“Cocco had the amazing ability to bring various alumni from different eras together,” said head coach Rob Sheppard. “He is a big reason why we call the Seton Hall University baseball program a family. Cocco’s impact went beyond the baseball field and the baseball program. He will always be remembered as a great friend and teammate. Seton Hall is a better place because of Mike Cocco.”

Waldis has over 30-plus years of experience in start-up and senior executive management positions in technology and telecommunication companies. During that time, his success did not go unnoticed, winning the Ernst & Young Entrepreneur of the Year award an unprecedented three times. Waldis has raised over $2 billion in a combination of venture capital, private equity and public offerings. He is the founder and chairman of Synchronoss Technologies, which was one of the most successful IPO’s of 2007. Waldis now runs his own family office, investing in technology and real estate offerings and helping entrepreneurs execute and scale into successful companies. Steve and Stacey currently reside in Naples, Fla. Their son, Hunter, was a five-year pitcher for the Pirates from 2018-22 where he made 66 appearances and recorded 123 strikeouts in 110.1 innings pitched.

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