After all of the hand wringing and doom-saying presently two years in the past, it seems that Penn State College athletics managed to show a revenue in fiscal 2020-21. A mid-6-figure one primarily based on miniscule income by conventional requirements, however a revenue, nonetheless.
Thanks partly to some well-publicized belt tightening and discount in salaries, PSU managed to eke out a surplus of $587,710 throughout all sports activities and campuses, in line with figures not too long ago revealed by the U.S. Division of Schooling. Bills of $130,924,694 had been greater than matched by $131,512,404 in revenues.
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