Penn State Tops Big Ten In Football Revenue
According to a report from Forbes that came out Monday, Penn State created the most revenue through its football program than any other team in the Big Ten this past season. What may be more impressive is that the Nittany Lions trailed only Georgia and Alabama in revenues and profits when the Big Ten and Southeastern Conference were compared to each other.
JoePa and the guys helped to bring in $70.2 million worth of revenue which after expenses turned into a $50.4 million profit for the university’s athletic department. Michigan and Ohio State were second and third in the Big Ten in the profit category.
Just think, if this keeps up and hockey becomes the money-maker that everyone expects it to be, maybe Penn State will be able to de-institutionalize the STEP program so I can afford season tickets a couple of years after my graduation.