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.