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SBD/February 17, 2014/Colleges
Penn State Athletic Program's Financial Report Shows Losses Of $6M In '12-13
Published February 17, 2014
Penn State on Friday released a copy of its annual financial report to the NCAA, and it shows that the athletic department operated nearly $6M in the red in '12-13, a "rarity for a university that has long prided itself on a profit-making sports program," according to Charles Thompson of t...