Big 12 Revenue Increases For Second Straight Year Illinois, Northwestern Look To Chicago Market BC Officially Introduces Martin Jarmond As AD SEC Reviewing Policy On Venue Alcohol Sales Boston College Hires Martin Jarmond As AD ACC Follows NCAA's Lead, Returns Events To N.C. Utah AD Chris Hill Talks Long Tenure, Stadium NCAA Awards N.C. Championship Events Again Buffalo Lands '19 NCAA Frozen Four New UNLV AD Will Face Several Challenges
Upcoming Conferences and Events
May 31 - Jun 1
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).