Beaver Stadium $25 million donation (Edited to add another 10 million) (Edited again for another 10 million)

GrimReaper

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Oct 12, 2021
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With inflation they might still need $700m. Hope they prepaid to lock in prices now and avoid future regrets.
๐Ÿ˜‰
Construction inflation has largely abated. Having a GMP (which is not a prepayment) is a good idea, but both sides have to have their ducks in line before Day One. Worked out very well for aTm.
 

PSUJam

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PSUJam

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Thatโ€™s the spirit! The mindset of the board is back on track.๐Ÿ˜‰
Judging by the way they are spacing out the announcements weekly, there's likely more bad news coming for the next few weeks. Oh the horror!
 
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LB99

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Judging by the way they are spacing out the announcements weekly, there's likely more bad news coming for the next few weeks. Oh the horror!
Even if there isnโ€™t, the gang here will find a way to spin up something negative.
 

SleepyLion

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Judging by the way they are spacing out the announcements weekly, there's likely more bad news coming for the next few weeks. Oh the horror!
They are going to have to do something to distract us from something else going on this Saturday. Especially if the team looks well coached. ๐Ÿ˜‰
 
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Taycro

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Extend Pat Kraft 10 extra years on top of what he just got. Hope he can awaken the sleeping giant some more
 

Midnighter

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Sorry, no news about lawsuits this afternoon on my end. Just another $10 million. Sorry not effing sorry for the good news.



Shocked Vince Mcmahon GIF
 
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Oct 12, 2021
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Suuweeet! Wait until those Casino revenues start flowing. Cha ching! And stop with the good news already. It's getting monotonous. :)

Quite the encomium from Pat Kraft:

โ€œAs a former student-athlete, Ira Lubert has represented Penn State Athletics and the University with distinction throughout his life and career, and his achievements reflect the kind of excellence that competition at the highest levels can foster,โ€ athletic director Pat Kraft said in a statement. โ€œWe are honored he and Pam have chosen to make this transformative investment in a project that will help all Penn Staters thrive. The Lubert Family Welcome Center is a beacon for this Beaver Stadium Revitalization project and will create a front door for the University that will not only welcome future Penn Staters, but also welcome home our amazing alumni.โ€
 
Oct 12, 2021
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Quite the encomium from Pat Kraft:

โ€œAs a former student-athlete, Ira Lubert has represented Penn State Athletics and the University with distinction throughout his life and career, and his achievements reflect the kind of excellence that competition at the highest levels can foster,โ€ athletic director Pat Kraft said in a statement. โ€œWe are honored he and Pam have chosen to make this transformative investment in a project that will help all Penn Staters thrive. The Lubert Family Welcome Center is a beacon for this Beaver Stadium Revitalization project and will create a front door for the University that will not only welcome future Penn Staters, but also welcome home our amazing alumni.โ€
In other words, Ira rocks! (and we're hoping there's more where that came from too, even if it comes from bilking poverty-stricken seniors out of their Social Security funds as they're dazzled by flashing lights and loud music while binging on casino slot machines.) But hey, the food and drinks are comped. I kid! I kid! They are free though, right? Send more money, Ira!
 
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PSUJam

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In other words, Ira rocks! (and we're hoping there's more where that came from too, even if it comes from bilking poverty-stricken seniors out of their Social Security funds as they're dazzled by flashing lights and loud music while binging on casino slot machines.) But hey, the food and drinks are comped. I kid! I kid! They are free though, right? Send more money, Ira!
Youre Not Wrong Season 3 GIF by Paramount+
 

Sharkies

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Sorry, no news about lawsuits this afternoon on my end. Just another $10 million. Sorry not effing sorry for the good news.



Great - you tell me the anonymous donations come from Ken Frazier and Karen Peetz (we all know it isn't John Surma) and then the whole band is back together.

Next week: Paul Suhey Press Box renovation
 

GrimReaper

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Woulda thought Fat Ira woulda come up with more dough since he ponied up $5mm for Lasch Phase I.
 

PSUJam

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I think that no one would be happier than Barry if donors ponied up the full $700mm.
I disagree. He already said Beaver Stadium doesn't need the upgrades they are doing.
Great - you tell me the anonymous donations come from Ken Frazier and Karen Peetz (we all know it isn't John Surma) and then the whole band is back together.

Next week: Paul Suhey Press Box renovation
Next thing you know they're gonna name the Creamery building after The Rod.
 

NittPicker

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Great - you tell me the anonymous donations come from Ken Frazier and Karen Peetz (we all know it isn't John Surma) and then the whole band is back together.

Next week: Paul Suhey Press Box renovation
I'd chip in if the naming rights were for the Frazier/Peetz/Surma/Suhey/Masser Toilets and Urinals.