Connect with us

Hi, what are you looking for?

2-Minute Morning

Money matters: PSU faces serious financial crunch in athletics, and lots of hard questions

Penn State Athletics reported Wednesday that it faces a revenue shortfall of more than $70 million, causing AD Sandy Barbour to offer this dire outlook:

“Penn State Athletics as we know it is at risk.”

Penn State still needs to spend hundreds of millions of dollars to upgrade Beaver Stadium. The school has 31 varsity sports and a self-sustaining athletic department.

Is it feasible to keep 31 sports in this day and age after the coronavirus pandemic? Where will the money come for the overall athletic department, plus the Beaver Stadium upgrades.

Cory Giger weighs into these serious issues in this video.

Get Nittany Sports Now in your inbox

Sign-up for email updates and get the whole story first from the Nittany Sports Now team, delivered straight to your inbox.

Thank you for subscribing.

Something went wrong.

More from Nittany Sports Now

Opinion

0 Penn State has not seen a polarizing figure than James Franklin. Provocative, no, noncommittal yes, and yet still divides a fan base. Penn...

PSU Football

1 Penn State’s Jonathan Sutherland talks about his journey from Canada and his Senior Day interception while speaking to the media, including NSN, on...

Opinion

0 Christian Hackenberg is 6 feet, 4 inches. Gary Wooten, a backer, was listed at 6 feet, 2 inches and 237 pounds. I am...

PSU Football

2s Does James Franklin deserve his new 10-year extension? Was it the right move by Penn State? Mike Asti and Mike Vukovcan discuss the...

Get Nittany Sports Now in your inbox

Sign-up for email updates and get the whole story first from the Nittany Sports Now team, delivered straight to your inbox.

Thank you for subscribing.

Something went wrong.

Send this to a friend