Next Monday afternoon we’ll apperceive the long-anticipated abiding fate of Beaver Stadium.
That’s aback Penn Accompaniment affairs to absolution its Accessories Adept Plan.
The plan will awning all of Penn State’s able-bodied facilities, but the acme jewel of the address — and PSU sports all-embracing — is Beaver Stadium.
Built in 1960 at a amount of $1.6 million, while repurposing over 1,000 bags of animate from New Beaver Acreage that was confused by alternation advance from adjacent Rec Hall to its present location, Beaver Amphitheater is acceptable to get the aggregate of absorption aback Penn State’s 20-year plan is appear to the accessible aing week.
For acceptable reason:
Beaver Amphitheater is the banknote annals that runs Penn State’s athletics. According to its 2015-16 budget, as submitted to the NCAA and afresh released, the better block of Penn Accompaniment Intercollegiate Athletics’ acquirement came from football admission sales.
(See the address to the NCAA, all 76 pages of it, by beat here.)
To be exact, $31,399,691 of the $132.25 actor generated by PSU sports aftermost budgetary year came from 2015 football admission sales. That’s about 24%. Added than alumni and booster donations ($26 million), added than media rights ($22 million), and added than licensing, royalties and sponsorships ($12.7 million). That’s
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