EADA (Dept of Education / Title IX) numbers:
No one - not even Alabama and Clemson - are spending significantly more money on football than Penn State is.
In the last reported year (not including the COVID year of 2020), the only four bigger spenders, nationwide, were Ohio State (by $2 million), Florida State (due to the one-time contract buy-out of $20 million for their fired head coach), and Alabama and Clemson - by $6-$8 million, due to the expenses incurred in their two CFP trips. That is it, This is consistent over the last several years (while, of course, total spending nationwide has all been creeping up).
Big Ten Football spending:
Ohio State $52.6 Million
Penn State $50.6 Million
Michigan $44.7 Million (for what it is worth, that figure for Michigan includes Harbaugh's old - higher - contract salary)
Other Big Ten Teams:
Michigan State $44 Million
Iowa $41.7 Million,
Minnesota $34.2 Million
Northwestern $33.1 Million
Rutgers $32.9 Million
Nebraska $31.6 Million
Indiana $29.4 Million
Wisconsin $29.3 Million
Illinois $26.7 Million
Purdue $23,8 Million
Maryland $21.4 Million
Programs Nationwide that spent more than Penn State:
Florida State $67.8 Million (this was a one-time outlier due to the large buyout of the fired Head Coach - something like $20 million or so)
Alabama $58.5 Million
Clemson $55.9 Million (Both Alabama and Clemson had large Travel expenses - due to each playing in both CFP games)
Other Big Spenders - that didn't spend as much as Penn State:
Miami $48.9 Million
Georgia $48.5 Million
Auburn $46 Million
Arkansas $43.6 Million
Oklahoma $41.5 Million
LSU $41.4 Million
TCU $41.1 Million
Texas A&M $40.6 Million
Mississippi $40.4 Million
Texas $39.5 Million
Washington $38.4 Million
Tennessee $38.1 Million
Florida $37.6 Million,
USC $36.4 Million
Virginia Tech $35.6 Million
Baylor $35.4 Million
South Carolina $34.2 Million
Oregon $32.7 Million
Pitt $32.5 Million
Arizona State $32 Million
Utah $31.8 Million
Kentucky $30.6 Million
North Carolina $30.5 Million
Iowa State $29.4 Million
Louisville $24.7 Million
Oklahoma State $24.4 Million
Colorado $22.7 Million
Where does your school rank among richest and poorest Power 5 college football programs? New revenue figures for all 65 (msn.com)
Is this the point where someone says "But, Penn State is playing "catch up"", or needs to spend even more than $100+ million on a football building renovation, or some such thing.
Where does your school rank among richest and poorest Power 5 college football programs? New revenue figures for all 65 (msn.com)