From StateCollege.com article in Jan. 2024:
Penn State athletics operated with roughly $202.2 million in revenues and $202.07 million in expenses for the most recently completed 2022-23 fiscal year,
www.statecollege.com
An interesting note: Penn State football
reported $9.6 million in program, novelty, parking and concessions revenue which marks a significant increase from $7.82 million a year earlier.
So if you divide that by seven home games in 2023, that would equal $1.37 million dollars a game.
Driving into State College along U.S. Route 322, it’s easy to see the love the local community has for the Penn State Nittany Lions — with seemingly every roadside porch adorned with some article of Beaver Blue regalia. But the Nittany Lions’ influence can be felt in less obvious ways, spanning...
www.altoonamirror.com