You're starting to sound like a politician with your numbers. Firstly the endowment funds-particularly for athletics-can be restructured, but you keep assuming a % of distributions are locked, which is false. If the donors-again especially the athletic endowment donors-wouldn't work with the school, make some sacrifices, etc. because football was closed down for 2 years then there are problems with those donors. Secondly who knows how accurate a college athletics budget is. RU Athletics is charged by RU Food Services for concessions, an expense to AD but revenue to Food Services (more reason to discount much of the crazies that attack the RU student fee "subsidies"). Then I look at your school's 2013 Athletics Budget and read that football nets about +$29Mil. So where is this $90Mil/yr hole coming from if football is shutdown for 2,3,4 years?
This is very fair, and there are two people that were involved in the 2001 incident that we KNOW had knowledge of the 1998 case: Tim Curley and Gary Schultz.If fingers are going to be pointed towards everyone who worked at PSU while Sandusky was there, the fair thing to do is start pointing them at
the folks you want to, after Sandusky was first accused of inappropriate acts in 1998.
Before that his 2nd mile charity was a great cover for him not to be looked at suspiciously because of being around children due to his so called charitably work involving children.
If you think everyone at Penn St from the day Sandusky was hired till his conviction knew the whole story about him, that's your choice.
But remember his 2nd mile charity had President George HW Bush commend Sandusky for his involvement with children in 1990.
Was he part of the conspiracy, because he didn't check Sandusky out.?
From 1998 all at Penn St should have wondered abuut Sandusky and after he was caught in the shower molesting a child, not one person who was told about that child being molested in the shower could claim they never suspected so they didn't act.
You gt to believe when the discussion turned to what to do, Coach Emeritus' 1998 accusation of child abuse was part of the conversation
and part of the reason the Penn St leadership ( including Paterno) decided not to press the issue and have a real investigation started by the proper authorities .
After doing nothing when it happened, all turned a blind eye to the molestation because they were afraid of what would happen to them and the FB program if it was found out they never reported a child being molested , when it first happened in the FB locker-room shower .
The cover up started because they didn't want the Football Program's image to suffer, continued because they didn't want their own image to take a hit and possible criminal charges against them resulting from their not reporting a child molestation.
Don't get off track pointing fingers towards every assistant coach that worked around Sandusky while he was at Penn St, look into who knew for sure he molested a child in 2001 and did nothing even though the suspicion placed on Sandusky in 1998 should have made it a necessity to turn that scumbag in once that GA let it be known he caught Sandusky molesting a child.
Hidden numbers? Why take away $24 million from the Big10? What about the tooth fairy money? Zapp said to give up on the endowments, I guess because you say no donors would help.It nets more than $29 million. The mandatory donations are not attributed to the Football program, which is a big chunk of the hidden number. Also, I have taken away the $24 million from the Big Ten. If you want to say $80 million instead of 90 million, that's fine. The point remains that it would be far too much of a gap for the University to absorb without having it affect students/academics.
Endowment funds that are football specific cannot be restructured without a revision and approval from the donor. That's not going to happen. There are no "problems" with those donors... you take away something that someone is passionate enough about to give tens of thousands of dollars to and they aren't going to be happy.
Since jive keeps on jiving about endowments, aren't there any donors that step up for non-football athletics? Look into a corporate sponsor for stadium naming rights, geez Beaver Stadium is such an ironically stupid name anyway.Hidden numbers? Why take away $24 million from the Big10? What about the tooth fairy money? Zapp said to give up on the endowments, I guess because you say no donors would help.
It's fair to ask anyone about it under oath without pointing fingers. You could possibly say that the '98 incident may have confirmed what was thought by insiders. It's also likely that JokePA and Admin either figured it out or were told before '98 and they may have gone after Sandy privately to stop, get help whatever...maybe...but there is no doubt the cover-up was in full force to protect JokePA and the program.If fingers are going to be pointed towards everyone who worked at PSU while Sandusky was there, the fair thing to do is start pointing them at
the folks you want to, after Sandusky was first accused of inappropriate acts in 1998.
Before that his 2nd mile charity was a great cover for him not to be looked at suspiciously because of being around children due to his so called charitably work involving children.
If you think everyone at Penn St from the day Sandusky was hired till his conviction knew the whole story about him, that's your choice.
But remember his 2nd mile charity had President George HW Bush commend Sandusky for his involvement with children in 1990.
Was he part of the conspiracy, because he didn't check Sandusky out.?
From 1998 all at Penn St should have wondered abuut Sandusky and after he was caught in the shower molesting a child, not one person who was told about that child being molested in the shower could claim they never suspected so they didn't act.
You gt to believe when the discussion turned to what to do, Coach Emeritus' 1998 accusation of child abuse was part of the conversation
and part of the reason the Penn St leadership ( including Paterno) decided not to press the issue and have a real investigation started by the proper authorities .
After doing nothing when it happened, all turned a blind eye to the molestation because they were afraid of what would happen to them and the FB program if it was found out they never reported a child being molested , when it first happened in the FB locker-room shower .
The cover up started because they didn't want the Football Program's image to suffer, continued because they didn't want their own image to take a hit and possible criminal charges against them resulting from their not reporting a child molestation.
Don't get off track pointing fingers towards every assistant coach that worked around Sandusky while he was at Penn St, look into who knew for sure he molested a child in 2001 and did nothing even though the suspicion placed on Sandusky in 1998 should have made it a necessity to turn that scumbag in once that GA let it be known he caught Sandusky molesting a child.
Because we would be kicked out of the Big Ten. Pretty simple.Hidden numbers? Why take away $24 million from the Big10? What about the tooth fairy money? Zapp said to give up on the endowments, I guess because you say no donors would help.
Come on, missing 5-6 Saturday college football games a year for a couple years are going to collapse the economy in Clarke County? There's no other work out there for these 30-40 people? Who owns the hotels out there, any big chains? Get jive to run some economic analysis of all this.What would it accomplish? People love to pound their chest and say shutting the football program down was the right thing to do. Did you stop and think to ask any of the victims what they wanted? I mean after all it should be about the victims. Several are still fans and one even spoke out against the firing of Paterno. People get on their high horse but never think what do the victims want. The impact of shutting down Penn State football effects far more then football program. Sure the football coaches would be fine but how about all those little people who work behind the scenes. You would see about 30-40 support staff lose their jobs. Many in the hospitality industry who with out football season would never stay in business just like many retail outlets would go out of business without Christmas. What would this accomplish other then vigilante justice? The other fines, financial. legal and reputation losses that Penn State has faced will prevent this from occurring again. The death penalty to Penn State would not change that.
Beaver stadium is named after a war hero who later became the president of PSU and also the governor of PA.Since jive keeps on jiving about endowments, aren't there any donors that step up for non-football athletics? Look into a corporate sponsor for stadium naming rights, geez Beaver Stadium is such an ironically stupid name anyway.
1995*So Schiano left in 1985. I'm sure the last guy on the staff that knew about Sandusky's issues knew in 1998. I assume Greg still talked to these guys - coaching is a small community. Just saying it's highly unlikely that Greg didn't know about Sandusky for many many years and still publicly idiolized Paterno and talked of what a great man he was.
Centre county.Come on, missing 5-6 Saturday college football games a year for a couple years are going to collapse the economy in Clarke County? There's no other work out there for these 30-40 people? Who owns the hotels out there, any big chains? Get jive to run some economic analysis of all this.
Because we would be kicked out of the Big Ten. Pretty simple.
Let's see your economic analysis on that, both with and without your hidden numbers, made-up assumptions, etc.Centre county.
It wouldn't destroy the economy, but it would have a significant impact to the county.
Sell it anyway.Beaver stadium is named after a war hero who later became the president of PSU and also the governor of PA.
It not going to collapse the economy but it going to be a huge hit. Your ignorance is really showing. It not Clarke county. It also not 5-6 Saturday's. It is 7 weekends in the fall and one weekend in the spring. People start arriving on thrusday so it not just one afternoon. Even the cheapest of hotels charge $300 a night with a two night minimum. The hospitality industry in state college only survives based on a few events. Football weekends, graduation and arts fest. Without those weekends many of those businesses would not survive simply because outside of those dates there simply not enough business. It like saying would the hotel along the Jersey shore survive if they shut the beaches down for a few years. There are big chains but most of those have local owners.Come on, missing 5-6 Saturday college football games a year for a couple years are going to collapse the economy in Clarke County? There's no other work out there for these 30-40 people? Who owns the hotels out there, any big chains? Get jive to run some economic analysis of all this.
He was there in 1990 to 1995.So Schiano left in 1985. I'm sure the last guy on the staff that knew about Sandusky's issues knew in 1998. I assume Greg still talked to these guys - coaching is a small community. Just saying it's highly unlikely that Greg didn't know about Sandusky for many many years and still publicly idiolized Paterno and talked of what a great man he was.
Are you saying that game day doesn't have a significant impact on the local economy? PSU football accounted for a $161.5 million impact to the state of PA in 2011. Look at the bottom of the article. Also note the 53 million that went to help pay for other programs in the athletic department that year. Add the 24 million from the big ten and you are at 77 million.Let's see your economic analysis on that, both with and without your hidden numbers, made-up assumptions, etc.
[roll]
Explains how sadly deep the cult is out there, very unhealthy to be so dependent. 2013 publicly available football budget numbers have Ped fball revenue at $52.8million with $24mil expenses = $28.8mil net profit; the football revenue total includes $13.4 mil from Big10 attributed to football.You conveniently skip program costs. No idea where the pennlive blogger gets those numbers. Big10 would not kick-out your school, not good business, would never want it going to ACC which would certainly be an option in that scenario (especially with ND now affiliated with ACC). You're just not thinking it through rationally.Are you saying that game day doesn't have a significant impact on the local economy? PSU football accounted for a $161.5 million impact to the state of PA in 2011. Look at the bottom of the article. Also note the 53 million that went to help pay for other programs in the athletic department that year. Add the 24 million from the big ten and you are at 77 million.
http://www.pennlive.com/midstate/index.ssf/2012/07/penn_state_a_year_without_foot.html
Why not? They already offered it to be named after JokePa.Nah.
Sorry I did not realize the extreme level of dependence on college football out there-culture shock I admit. It's really pretty sad. Many places in US do get hit with economic dislocations, most survive, rebuild and diversify.It not going to collapse the economy but it going to be a huge hit. Your ignorance is really showing. It not Clarke county. It also not 5-6 Saturday's. It is 7 weekends in the fall and one weekend in the spring. People start arriving on thrusday so it not just one afternoon. Even the cheapest of hotels charge $300 a night with a two night minimum. The hospitality industry in state college only survives based on a few events. Football weekends, graduation and arts fest. Without those weekends many of those businesses would not survive simply because outside of those dates there simply not enough business. It like saying would the hotel along the Jersey shore survive if they shut the beaches down for a few years. There are big chains but most of those have local owners.
The impact is not limited to businesses. Many organizations such as churches, youth groups and other non profits raise a lot of money by working the concession stands. For many it is their biggest fundraiser of the year.
Like most places in this country good employment is hard to find. Are there other jobs? Yes but is not tha easy to do. You want to know the economic impact of Penn State football on Centre County?
Direct Jobs: 1,018
indirect Jobs: 713
Direct business volume: $50,006,191
Indirect business volume: $40,004,953
Total volume: $90,011,144
So tell me do you think the loss of that much business in a County of 155k would not be a major hit to the local economy? While something like that might not make ripple in a large Suburban economy but in a small town in Rural Pa it a huge deal.
http://econimpact.psu.edu/downloads/Penn_State_Football_2009_Economic_Impact.pdf
What Cult? where?
Only Rutgers fans on a Rutgers website would think it to be bad a college football team is so successful it has a huge impact on the economy of that area.
It can become the master...there can be problems with that....I'll have to keep thinking about it. Maybe I'll sleep on it.Not much to think about, many college football programs in this country are so successful, they prove to be an enormous positive to the economy and people of that area.
That's not a good thing, it's a great thing.
You can think whatever you want, I'm comfortable with my belief that the Big Ten would dump us in a second if we couldn't play football for a few years and then would sue us for the games we couldn't play.Explains how sadly deep the cult is out there, very unhealthy to be so dependent. 2013 publicly available football budget numbers have Ped fball revenue at $52.8million with $24mil expenses = $28.8mil net profit; the football revenue total includes $13.4 mil from Big10 attributed to football.You conveniently skip program costs. No idea where the pennlive blogger gets those numbers. Big10 would not kick-out your school, not good business, would never want it going to ACC which would certainly be an option in that scenario (especially with ND now affiliated with ACC). You're just not thinking it through rationally.
Because James Beaver is just as important to PSU's history (and the State's history) as anyone.Why not? They already offered it to be named after JokePa.
No, you clearly stopped following the thread. The economic impact discussion was to show another reason why PSU would not voluntarily shut down the program.Wait.. let me see if I get this recent line of reasoning...
JoePA & Co. looked the other way while Sandusky abused children because of the possible economic impact on the residents of Happy Valley?
Is that it?
This marks a new low in the realm of rationalizations.
What Cult? where?
Only Rutgers fans would think it's a bad thing, a college football team is so successful it has a huge impact on the economy of that area.
GSGS-
I understand the ire directed at PSU, I truly do.
The only thing I'm saying is the vast majority of their fans are PROBABLY good people...the family members I have that want there, and the friendships I've made with others who graduated from there certainly are,
That's about it.
More flim flam analysis. RU was in the flailing Big East when HPSS deal was done, so it's hardly relevant to what an established program in a top P5 conference can do. Minny scored a $35mil naming rights deal for 25 yrs. A stadium deal for a cleansed and revitalized Penn St would have to be $40mil+. Certainly Beaver would've been OK with a deal like that after turning over in his grave when Ped offered to rename stadium for JokePA. Structured smartly that's a nice start to working on a $28.8mil annual shortfall without football for a couple years. Now with only few hundred bucks in student fees your athletics are solid financially even if donors turn their back on the school because they would have to go without football temporarily.Because James Beaver is just as important to PSU's history (and the State's history) as anyone.
Rutgers got 6.5 million over 10 years for HPSS. Sorry, even if you double that for Beaver Stadium, it would barely put a dent in the shortfall.
More excuses, like the $28.8mil profit from football would collapse athletics entirely because there's some $95million hole without football-no wait $90mil, hold on make that $80mill, maybe a little less, or the faculty and state officials would be too mad if student fees were raised a few hundred bucks to pay for non-football sports, and no donors or alumni would pitch in to support non-football programs, or we can't sell stadium naming rights even though we were ready to rename the stadium for JokePA. It never ends...No, you clearly stopped following the thread. The economic impact discussion was to show another reason why PSU would not voluntarily shut down the program.
Good for you!I'd be happier than a pig in sh*t if RU football reached sacred cow status.
RC85, Please don't answer that with "even at the expense of" my friend…ok
This statement stands alone, and pertains to RU only.