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Old 03-29-2006, 04:00 PM
Penn State News Penn State News is offline
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Post Penn State Athletics Revenue

Up to the minute news about the Penn State Nittany Lions from GoTeamsGo. We'll find the latest Penn State Nittany Lions news so you can chat about here.

Quote:
Low revenue hurts teams
Penn State Digital Collegian, PA - 15 hours ago
... Penn State's 2004 football expenses of $10.7 million yielded $33.2 million in revenues, a profit of $22.5 million generated from a team that posted its third ...


Wed, 29 Mar 2006 06:48:00 GMT
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Old 03-29-2006, 05:01 PM
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Lefty Noob Lefty Noob is offline
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Re: Penn State Athletics Revenue

Hope no one minds, but I wanted to pull something from that article to make a point.

Quote:
Though there are no signs that the athletic department is struggling mightily, the men's basketball program -- one of two revenue-generating programs at Penn State -- has not been nearly as effective as its Big Ten counterparts at earning money to help support the rest of the department.

The comparatively low revenue generated by the men's basketball team results in less funding for the 27 non-revenue sports.

Penn State sported the league's second-worst home attendance this season, the lowest figures for the Nittany Lions since the program moved into the Bryce Jordan Center.
Now granted, Penn State didn't have the greatest season in the world, but they did earn an NIT berth. Certainly, the attendance shouldn't have been THIS bad, right?

It's a shame, too, because PSU doesn't charge attendance for a lot of their other sports, which means that those sports count on the revenue from football and basketball to survive, and a lot of those teams have been performing a lot better than the men's hoops team in recent years. If no one pays to see basketball, it may hurt their multiple-time NCAA championship fencing squad, or other smaller but more successful sports.

Such is the way of NCAA athletics, I guess, but it is a shame really.
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