Rutgers' Hermann Embroiled In Another Controversy NCAA, O'Bannon Plaintiffs Want Appeal Settled First First Meeting Of Autonomous Voting Members Set ACC Schools Try New Strategies To Fill Seats Williams To Head UM's Athletic Fundraising CFP Committee Stands By Pat Haden Rutgers Removing Rice From In-Game Video Cincinnati's AD Eyes Good Attendance At PBS Haden Roundly Criticized For Sideline Incident Florida Making Efforts To Be More Fan Friendly
Upcoming Conferences and Events
PENN STATE FOOTBALL MAKES THE PA VALLEY FEEL HAPPY, HAPPY
Published November 7, 1997
Penn State's (PSU) home football games are "a money- making machine," according to Ed Moran of the PHILADELPHIA DAILY NEWS. Ticket sales account for a weekly take of $2.189M or "approximately $13.1[M] annually," as 65,000 season tickets are sold at $28 each; game-day sales account for another 2,967 seats; and students get 20,000 tickets issued through a lottery system at $14 each. Concessions take in another "estimated $200,000" per game, and game merchandise brings in $2.5M per year. PSU will also take in $1.8M in TV revenue this season. PSU is in the midst of an economic impact study, the first since '87, which showed that PSU football fans "spent about" $40M per season and an average of $5.7M for every home-game weekend. PSU Dir of Public Information Bill Mahon said that he "expects" the $40M "figure to be far exceeded" in its next study, citing expansion of Beaver Stadium by 10,000 seats and the additional hotel rooms in the area (DAILY NEWS, 11/6).