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Football Program Sees a Revenue Increase

Penn State Football may be off to its worst start in six years at 2-2, but revenue for the program has actually increased, according to a Bloomberg report.

This year, the school reports that 68,000 season tickets were bought by fans, the 60 luxury boxes in Beaver Stadium are completely sold out, and an estimated $17.5 million from donations related to ticket purchases will be met this season. This comes off a 2011 fiscal season when the football team generated $58.9 million in revenue and $43.8 million in profit.

Acting Athletic Director David Joyner told Bloomberg, “The NCAA put a cage around us, it’s just a fact. What I like to say is when somebody puts a cage around us, you have to become cage fighters. And that’s what we’re doing.”

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About the Author

Meghin Moore

Meghin is a senior majoring in Broadcast Journalism and minoring in English. She transferred from the Harrisburg campus as a junior to finish out her schooling at University Park. She has a passion for all things music, fashion, art, and food. She's a Pennsylvania native (born outside of Pittsburgh, and lived in Lebanon for 11 years), but resides in Virginia when she's not in school, and has moved a total of ten times in her life, mostly thanks to the military.

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