PSU news by
Penn State's student blog

Topics

About

Penn State To Receive Big Ten Revenue From Pinstripe Bowl

In a vote by the Big Ten Council of Presidents and Chancellors, Penn State will receive its full share of bowl revenue from the 2014-15 football season. This leads to Penn State receiving an unexpected $4.5 million in revenue from its win over Boston College in the New Era Pinstripe Bowl.

As part of the sanctions that followed the release of the Freeh report, the Big Ten had determined that Penn State’s potential bowl revenue would be split among the twelve schools that occupy the conference. This money would then be dedicated to local organizations and charities that supported the safety of children. In 2013, each school received $188,344; in 2014, that total increased about $41,000 per school.

Earlier this year, the Big Ten announced its decision to grant Penn State the share of conference bowl revenue, beginning in the 2015-16 season. However, the vote that occurred today is instrumental in officially allocating all bowl revenue to Penn State, thus ending the previous conference-wide sharing of revenue.

Eric Barron, who was in Chicago to attend the meeting, was satisfied with the Big Ten’s vote. “This money is used to support student-athletes and our programs, and some things have been delayed due to the ban,” Barron said, following the meeting. “Obviously, it is much needed and welcome. I thank my fellow presidents.”

About the Author

Jessica Myers

Jess graduated in May 2015, with a Bachelor of Arts with honors in English, and with two minors in Latin and Art History. When she says she's "shippin' up to Boston," she's not just singing the song -- she's actually attending Northeastern University this fall to pursue her master's degree. You can follow her shenanigans at her site, http://www.jessicarmyers.com.

Comments

Athletics

Center Ludvig Larsson Transfers To Penn State Hockey From Merrimack

The Swedish faceoff specialist graduated after three seasons at Merrimack, but will be immediately eligible to play for Guy Gadowsky in 2018-19.

Harris, Rivers Win Big Ten Titles On Final Day Of Competition

Penn State Women’s Soccer Releases 2018 Schedule

Penn State Women’s Lacrosse Loses To Penn 15-14 In Double OT

Penn State’s Kaleigh Riehl Headed To U.S. U-23 Camp

Student Life

Where Do Penn Staters Move After Graduation?

Not only is literally everyone at Penn State from “right outside of Philly,” ALMOST everyone also works “right outside of Philly.”

Penn Stater In The Running To Become Chief Taco Officer

Finding Your Penn State Beyond Penn State: Carolyn Popescu’s Senior Column

Plans Submitted For New KFC In State College

Developers have submitted preliminary land development plans to build a new KFC restaurant at 1780 S. Atherton St. in State College.

No Surprise Here: Saquon Barkley Can Throw, Too

Thirty yards out? No problem for Saquon Barkley.

Penn State Approved For Medical Marijuana Clinical Research

“The research component of Pennsylvania’s medical marijuana program sets it apart from the rest of the nation.”

Be the first to know

  • Top posts and the best Penn State stories

Thank you for subscribing.

Something went wrong.

Penn Stater In The Running To Become Chief Taco Officer

Josiah Hritsko is one of three finalists to become Moe’s Southwest Grill’s “Chief Taco Officer.”

Send this to a friend