Report: PSU athletics revenue down in 2012
April 8, 2013
By The Associated Press
STATE COLLEGE, Pa. (AP) - The Penn State athletic department's latest financial report shows revenue declined by $7.9 million, or nearly 7 percent, last year to more than $108 million.
The report posted on a university website late Monday showed revenue from football ticket sales was $33.4 million in 2012, down from $34.2 million in 2011.
The figures are part of a filing required by the U.S. Department of Education of athletic departments. The report covers the fiscal year ending June 2012, though it was the school's first filing following the child sex abuse scandal involving ex-assistant coach Jerry Sandusky, who was arrested in November 2011.
More than $9.6 million in contributions were football-related, nearly five times the amount from 2011. But contributions were down to athletics overall from $34.2 million to $25.5 million.
Copyright 2017 by STATS LLC and Associated Press.
Any commercial use or distribution without the express written
consent of STATS LLC and Associated Press is strictly prohibited.
7-2 Saturday, 34-12 L6 Sat, +1,590
4-2 Sat, 11-4 L15, 64% +1,440 TY
17-5 L22 Guaranteed Plays
4-2 Saturday, 10-2 Win Streak
7-3 Saturday, 5-2 L7 Totals
11-3 L14 Picks, 7-2 L9 Guarantees
4 Wins in a Row, 7-3 G-Plays TY
16-6 L22 Picks, 23-9 L6 Saturdays
10-3 L6 Sat, 24-10 Run, 69% TY
10-2 L12 G-Plays, 10-5 L15 Picks
5-2 Saturday, 4-1 L5 Over/Unders
10-4 L14 Picks, 15-5 L4 Saturdays
7-3 G-Plays, 13-8 L2 Sat., +920 TY
6-1 Last 7 CFB Guarantees
14-7 L21 Selections, 3-1 G-Plays
2-0 Thursday, 6-2 G-Play Run
7-2 L9 Totals, 6-3 L9 Guarantees
5-2 L2 Saturdays, 9-4 L13 Picks
With a VI Gold Membership, you can SAVE 10%
off a Live Odds subscription, SAVE 20%
off Daily Pick packages, and receive access to up to 1,000
Member Plays each month!