Lasch update
- Thread starter AngryOtter42
- Start date
I said no such thing. My concern centers around the timing and funding source. With all of the uncertainties facing us we should wait a year. Plus, we’re depending on debt financing rather than philanthropy.
Can't argue with that.
Jay, in his comments, indicated that by the time PSU is done with all of the Lasch renovations it will have spent $105mm. Has any other school spent anywhere close to that? As a point of reference, Oregon spent $68mm (of Phil Knight's money).
I would like to see the school pursue reimbursement from the B1G for the fines levied against us plus the bowl money we did not receive when the scandal hit. I think an argument can be made the other schools in the conference benefitted from the fines levied against us, plus there were no fines against the other institutions that had their own scandals that became public after ours. This will make a nice down payment for the Lasch improvements.
Also, when will be board try to address ongoing rising tuition costs?
Penn State penalties in detail
The NCAA on Monday levied penalties against the Penn State football program in the wake of the sex-abuse scandal involving former assistant Jerry Sandusky. Under the sanctions, Penn State:
archive.jsonline.com
I remember this wrong - We were originally fined by the NCAA $60MM and the B1G donated what would have been our share of bowl money to charities dedicated to the protection of children.
Penn State penalties in detail
The NCAA on Monday levied penalties against the Penn State football program in the wake of the sex-abuse scandal involving former assistant Jerry Sandusky. Under the sanctions, Penn State:
I remember this wrong - We were originally fined by the NCAA $60MM and the B1G donated what would have been our share of bowl money to charities dedicated to the protection of children.
And the NCAA "fine" was all spent in PA.
This (https://frontofficesports.com/maryland-pitt-facility-renovations/) says that Oregon spent "between $95-140 million" on its facilities.
I just hope the dude with the man-bag riding the bike is not a rendering of one of our future football players....
And this and about a half dozen other publications say $68mm.
Football facilities
Adam White's Amateur Hour couldn't narrow the range down to less than $45mm. Must've dug into that one real hard. LMAO.
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Yup, Dya think Lasch is going to have all the fancy leather and marble do-hickeys that Knight insisted on for his Ducks?
It always far more costly to do the work in multiple projects while keeping the building operational and open. So comparing it to Oregon or Clemson is not a fair comparison. Sure they probably could have done it lot cheaper if they built a whole new complex on the IM fields for example. Then you probably hear non stop whining about losing parking.
Nah, they could just tear down the baseball complex and put it there. 🤣
Hi Anthony. I was referring to your May 4th interview on WRSC with Byers. To be fair, time gets away from us during a pandemic and that wasn't "recent." At any rate, I believe you mentioned then that football expenses were out of hand. Do you still believe that to be the case?
Is the ICA still paying off the loan on the NCAA fine?
Thanks Anthony for all you do!
They are addressing it. They're calling it fees now. Problem solved.
Someone is beginning to catch on.
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