Win the lotto and make it happen!Would be nice for someone in the position to donate 10 million to use their naming rights to change the address of the stadium to "409 Paterno Way".....
Would be nice for someone in the position to donate 10 million to use their naming rights to change the address of the stadium to "409 Paterno Way".....
Would be nice for someone in the position to donate 10 million to use their naming rights to change the address of the stadium to "409 Paterno Way".....
At $10mm, it wouldn't happen. The ante would have to be raised considerably to make Neels squirm.Quite the dilemma that would be in halls of Old Main.
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At $10mm, it wouldn't happen. The ante would have to be raised considerably to make Neels squirm.
Maybe start a go fund me?Would be nice for someone in the position to donate 10 million to use their naming rights to change the address of the stadium to "409 Paterno Way".....
I’d be doing more than that, we’d also see Erickson’s name come off our Food Science Building…,Win the lotto and make it happen!
Another $5mm gift since @PSUJam is asleep.....
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Penn State breaks $60 million Beaver Stadium renovation fundraising mark with new $5 million donation
Penn State Athletics announced a seven-figure donation for its Beaver Stadium renovation project on Tuesday morning.www.on3.com
You haven't lived until you've held hands, forming a complete circle and pissing in unity in the cocktagonBut we still have the “Cocktagon”!
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You haven't lived until you've held hands, forming a complete circle and pissing in unity in the cocktagon
You haven't lived until you've held hands, forming a complete circle and pissing in unity in the cocktagon
Cost of doing business.Another $5mm gift since @PSUJam is asleep.....
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Penn State breaks $60 million Beaver Stadium renovation fundraising mark with new $5 million donation
Penn State Athletics announced a seven-figure donation for its Beaver Stadium renovation project on Tuesday morning.www.on3.com
Another $5mm gift since @PSUJam is asleep.....
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Penn State breaks $60 million Beaver Stadium renovation fundraising mark with new $5 million donation
Penn State Athletics announced a seven-figure donation for its Beaver Stadium renovation project on Tuesday morning.www.on3.com
Bob,60.25/700 = 8.6%
Almost there!![]()
Bob,
You're forgetting the $500 mill in interest that is added to the loan.
Very generous. From other posts I was under the impression fund raising would be in the toilet since the "old guard" whales were pouting. Maybe their influence isn't what some think it is.Another $5mm gift since @PSUJam is asleep.....
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Penn State breaks $60 million Beaver Stadium renovation fundraising mark with new $5 million donation
Penn State Athletics announced a seven-figure donation for its Beaver Stadium renovation project on Tuesday morning.www.on3.com
A company PSU signed a 15 year contract with donating $5M for the stadium? Certainly no potential for conflicts of interest in these transactions at all! This is an odd one to announce publicly.Another $5mm gift since @PSUJam is asleep.....
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Penn State breaks $60 million Beaver Stadium renovation fundraising mark with new $5 million donation
Penn State Athletics announced a seven-figure donation for its Beaver Stadium renovation project on Tuesday morning.www.on3.com
Did you read the announcement?Very generous. From other posts I was under the impression fund raising would be in the toilet since the "old guard" whales were pouting. Maybe their influence isn't what some think it is.
Jeeze, wonder if the contract details were available to all trustees or just the ones that alumni can't elect?A company PSU signed a 15 year contract with donating $5M for the stadium? Certainly no potential for conflicts of interest in these transactions at all! This is an odd one to announce publicly.
I read the announcement. The source of the donation doesn’t matter. The money spends the same and is separate from multimedia deal.Did you read the announcement?
"a new $5 million donation from Berwyn, Pa., based sports media, marketing and technology company PlayFly Sports. If the name of that business sounds familiar, it’s because it entered into a 15-year multimedia rights agreement with the university in January of 2023."
Someone smarter than me want to tell me how this accounting works? ****, should just have sold our rights to ourselves and saved ourselves the middleman amirite?
Is it a donation or did PlayFly just gross up its fee and kick back $5mm to PSU, like that's never happened anywhere else.?Perhaps there is a reason that PSU switched horses from the biggest in the business to a relative newbie.I read the announcement. Did you read my post? The source of the donation doesn’t matter. The money spends the same.
Now that's just nasty.
There's a reason I didn't post this one.A company PSU signed a 15 year contract with donating $5M for the stadium? Certainly no potential for conflicts of interest in these transactions at all! This is an odd one to announce publicly.
This creates an immediate perception that PSU potentially could have awarded a contract to this company in exchange for a $5M "donation." It took my brain approximately 10 seconds to make that connection. I believe such an agreement would be illegal. Even if everything in both transactions was 100% legit, it creates a perception of possible handshake agreements. I am stunned they made this donation public, that seems like a really stupid decision. If you're going to accept their money, which probably is questionable to begin with based on perception alone, then at least announce it as an anonymous gift.I read the announcement. The source of the donation doesn’t matter. The money spends the same and is separate from multimedia deal.
Sure doesn't help perceptions when certain elements of the BoT withhold scrutiny of the contact from other members.This creates an immediate perception that PSU potentially could have awarded a contract to this company in exchange for a $5M "donation." It took my brain approximately 10 seconds to make that connection. I believe such an agreement would be illegal. Even if everything in both transactions was 100% legit, it creates a perception of possible handshake agreements. I am stunned they made this donation public, that seems like a really stupid decision. If you're going to accept their money, which probably is questionable to begin with based on perception alone, then at least announce it as an anonymous gift.
Sure doesn't help perceptions when certain elements of the BoT withhold scrutiny of the contact from other members.
Is it a donation or did PlayFly just gross up its fee and kick back $5mm to PSU, like that's never happened anywhere else.?Perhaps there is a reason that PSU switched horses from the biggest in the business to a relative newbie.
Sorry for the great news this sunny Fall day.