Booth, who spent four years at Penn State in the 1990's, has been serving as the Nuggets' general manager since 2020.
Defensive errors and a late-game collapse gave Penn State its second loss of its series against Illinois.
The Nittany Lions will take on Iowa at 6 p.m. on Wednesday, May 25.
A disastrous second inning for Penn State paved the way for a blowout Illinois victory.
Penn State's athletic, academic, and financial success from 2020-2021 earned Barbour the win over four other finalists.
Trailing 6-5 entering the ninth inning, the Nittany Lions tallied 14 runs to end the matchup.