Every Penn State student-athlete is now eligible to sell their own officially licensed jerseys and apparel.
While the first Rose Bowl game was played in 1902, the first Rose Parade took place in 1890, creating a century-long precedent in the process.
Penn State's first Rose Bowl appearance 100 years ago helped fund the construction of a West Halls dorm.
Most fans shared their excitement, while others took the chance to air their grievances about the team and bowl season.
The Nittany Lions dropped three spots from No. 8 last week.
The first-ever matchup between the Nittany Lions and the Utes will kick off at 5 p.m. on ESPN on January 2.