The Durham Herald Sun reported Wallace Wade's seating capacity will climb to 44,000 and will get a substantial facelift.
University officials downplayed the athletic upgrades and pointed to the larger academic goals in the fundraising campaign - which they said it intended to enrich the Duke experience and sustain the school's forward momentum.
In a news release, Duke said "the comprehensive campaign, 'Duke Forward: Partnering for the Future,' will support priorities across Duke's 10 schools, Duke Medicine and a range of university programs."
"Through Duke Forward, we will capitalize on our university's spirit of innovation and partnership to help shape new solutions and train the leaders and problem-solvers our world requires," said Duke President Richard Brodhead.
The fundraising campaign is scheduled to run through 2017.
More information is available at dukeforward.duke.edu.