Knight said the donation will launch a campaign to raise $100 million for the college, the website reported.
“What Barkley has done helps lay the foundation for the campaign,” she said. “I don’t think he realizes what he has done.”
Barkley, who was inducted into the Hall of Fame of 2006, said he hoped the donation to Miles College will go toward academic scholarships, but there were no strings attached.
"They can do what they want to do with it," Barkley told AL.com.