How much money did penn state football make in 2010

It would be the equivalent of an economic bomb.

Texas tops in NCAA football profit, revenue

With Beaver Stadium in State College as ground zero. Such would be the financial fallout should Penn State football receive the death penalty — an all-out football ban for one or more excruciating seasons.

Joe Paterno statue outside Beaver Stadium at Penn State University in State College.

But the true jolt to the local economy is even higher. It ranges from 1. The loss would resound throughout the season, affecting television and radio ratings, Penn State sponsorships and sales at once-frenzied sports bars, now rendered sedate on Saturdays. Penn State has been a cornerstone of his success.

The crowd is cheering. Our general population is Penn State fans. Fans will not be following through and watching the bowl games. No matter who you root for, Penn State is a big player. Call it the emotional fallout from the sickening Sandusky scandal and the indefensible conspiracy of silence among top university officials, most notably the late Joe Paterno.

how much money did penn state football make in 2010

Perhaps the most ominous unintended ripple effect could ricochet back on the university. Naroff traced the devastating dominoes that could fall in the form of slashed budgets, diminished programs and fewer employees.

What happens to donations to the university? What happens to programs and spending?

how much money did penn state football make in 2010

That ripples through the housing market and the retail market on a more sustained basis than just the football weekends of tailgating. Without football, funding for those other sports would have to come from elsewhere. Donna Pastore, a sports management professor at Ohio State University.

The impact would depend on how much money the athletic department has in reserve. University spokesman David La Torre said Friday that Penn State would not speculate on how these programs would be funded if the NCAA institutes the death penalty.

How much money did Penn state football make last year

With so much at stake, one might think leaders in State College and across Pennsylvania might be publicly clamoring for the NCAA to fully consider the adverse impact of its potent penalty.

But the horrid deeds Jerry Sandusky committed and that university officials then covered up complicate this kind of full-throated defense. Tom Corbett waded cautiously into the issue last week.

And something needs to be done.

But it would be unfair for folks just to pull the plug on the season. By John Luciew and Stefanie Loh , The Patriot-News. To view and subscribe to any of our other newsletters, please click here.

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Penn State child sex abuse scandal - Wikipedia

Sign in to PennLive. You are signed in as. Edit Public Profile Sign Out. The Patriot-News Central PA Magazine Newsletters Mobile Apps News Podcasts Sports Podcasts. Beaver Stadium seating capacity 84, Number of season ticket holders 15 percent of Penn State football visitors come from out-of-state Sources: Penn State University; Patriot-News reporting.

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Texas tops in NCAA football profit, revenue

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how much money did penn state football make in 2010
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