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From the forum: PSU Football supposedly made a profit of $50 million in 2010. (top 5 or 6 in the country)

(Ex?) ABC-TV broadcaster Jim Lampley, who covered college football games for a long time, was interviewed on a radio program tonight. (Not sure which one)

He said his second game was @ Penn State...where the media would be invited over Paterno's house for a meal...how "cozy" the hosts made it for the MSM to "love" Penn State.

Lampley said the underlying root problem these days is the overcommercialization of College football...To paraphrase him, he said when College Football began to become its own-purposed self-entity -- vs. being an adjunct of the educational institution -- is what has led to its downfall exposure.

$50 million-per-year pride "cameth" (if that's a word) before the "falleth" (that's NOW a word)

1 posted on 11/11/2011 12:44:06 AM PST by Colofornian
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To: Colofornian

JoePa was only making a little over a million a year, which in far below what other coach’s at big time programs make.


2 posted on 11/11/2011 12:58:22 AM PST by trumandogz (In Rick Perry's Nanny State, the state will drive your kids to the dentist at tax payer expense)
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To: Colofornian

People keep asking the question:
“How could an institution like PSU knowingly committ such an awful cover-up?”

My response is:
Unverisities (public or private) are no different than governments, banks and big corporations. Money talks, and lofty ideals walk when there’s millions of dollars in profit to be made, even if it requires killing a few dozen people in the process. Or in this case, destroying the lives of a dozen young boys by allowing one of their coaches to continue to rape them and then pass them off to his fellow pedophile friends.

Didn’t Penn State also cover-up the “climate-gate” emails from one their “researchers”?

PSU is sh!thole and should be bulldozed to the ground.


3 posted on 11/11/2011 1:08:42 AM PST by Ernie Kaputnik ((It's a mad, mad, mad world.))
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To: Colofornian

“A “land grant” public supported agricultural school.”

I always got a chuckle how PSU was able to tell the legislature to go hang. It was treated like a public school when it came to state funding but treated the legislature like is was a private school when questions were asked.

Not bad for a former high school.


6 posted on 11/11/2011 3:53:08 AM PST by MontaniSemperLiberi (Moutaineers are Always Free)
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To: Colofornian; Tribune7

PA Ping List


8 posted on 11/11/2011 5:45:19 AM PST by randita (I'm not a percentage. I'm a free person.)
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To: Colofornian

Iowa’s Kirk Ferentz makes $3.7 million yearly for his modestly successful 56-45 career Big Ten record.

http://money.cnn.com/2010/12/29/news/companies/college_football_dollars/index.htm

lists Penn St. as making $50 million profit, third after Texas’ $69 million and Georgia’s $52.5 million.


12 posted on 11/11/2011 2:51:35 PM PST by jjotto ("Ya could look it up!")
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