Penn State is a big school with big athletic programs and a big fan and alumni base, and all of these things lead to PSU having big money.
So PSU athletics generating among the highest revenue in the country shouldn’t be surprising, and that’s the case according to USA Today Sports.
Penn State brought in $181 million dollars last year, which was good for ninth in the country.
The only Big Ten schools that topped Penn State were Ohio State, which topped the list at $251 million, and Michigan, which took in $210 million.
PSU fans hope this isn’t somehow an omen for this coming football season. Ohio State and Michigan were the only two teams to beat Penn State on the field in 2022.
Aside from the Big Ten, there aren’t any major surprises among the top revenue-generating schools for last year.
Texas generated the second-most revenue behind Ohio State at $239 million. Alabama took in $214 million to round off the top three, and behind Michigan, two-time defending football national champions Georgia came in at $203 million. The SEC swept spots 5-8, with LSU ($199 million), Texas A&M ($193 million) and Florida ($190 million) following behind Georgia.
After Penn State, Oklahoma rounds off the top 10 at $177 million.
The past 365 days aaa have been pretty darn good for PSU sports and its fans. The 2022 football season ended with the team finishing 11-2 and seventh in the country, polishing the campaign off with a Rose Bowl win over Utah. Penn State’s men’s basketball team had a banner season that featured the school’s first NCAA Tournament and Big Ten Championship Game appearance since 2011 and its first tournament win since 2001. Since the Rose Bowl and the NCAA Tournament each took place in 2023, it’s likely a good bet that Penn State will generate plenty of athletic revenue this year, too.