Penn St budget

[swish7]

Interesting

 

[AngryOtto]

It seems if you fill 100 seat stadium 6 times a year that generates a lot of money. Otherwise no way they’re making close to 150 million a year just on football unless they are including all tv revenue in football.

 

[Chip]

It seems if you fill 100 seat stadium 6 times a year that generates a lot of money. Otherwise no way they’re making close to 150 million a year just on football unless they are including all tv revenue in football.

Might not be so far off. I think conference revenue is at the bottom of the chart in non program specific.

They had 7 home games in 2024, averaged 108k fans, so that's 750k tickets sold. Given that Ohio State was on the schedule, I bet the average ticket price was at least $150. That's $112M in ticket sales alone.

Throw in parking and concessions for 7 games, you may end up close. I don't know where they record donations, but I would imagine they get a **** ton of those too.

It's good to have a huge stadium that people will fill and pay a lot to get into.

 

[upperdeck]

I wonder why expenses in Wrestling were so high?

 

[PAcuse]

Might not be so far off. I think conference revenue is at the bottom of the chart in non program specific.

They had 7 home games in 2024, averaged 108k fans, so that's 750k tickets sold. Given that Ohio State was on the schedule, I bet the average ticket price was at least $150. That's $112M in ticket sales alone.

Throw in parking and concessions for 7 games, you may end up close. I don't know where they record donations, but I would imagine they get a **** ton of those too.

It's good to have a huge stadium that people will fill and pay a lot to get into.

and they are putting $700 million into stadium upgrades

 

[Chip]

I wonder why expenses in Wrestling were so high?

This stuff doesn't come cheap.