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Penn State Athletics establishes new Legacy Fund, added fees

nate-mug-10.12.14by:Nate Bauer•about 9 hours•

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Penn State athletic director Pat Kraft. (Syndication: Hanover Evening Sun)

Penn State Athletics announced Friday the establishment of its new “Legacy Fund” via press release. With it, the department intends to implement small fees across its spectrum of offerings including season and single-game tickets, football parking, and more in an effort to fund its student-athlete scholarships and athletic facilities.

The fund’s formation arrives in conjunction with what Penn State Athletics described as a landscape in college athletics experiencing “generational change.” With the anticipation of the House settlement this summer, that includes the removal of scholarship limits in NCAA sports, in turn increasing the department’s opportunity to “financially support the academic pursuits of more student-athletes for all 31 sports.

In an accompanying FAQ, Penn State distinguished that the added costs are not a “player talent fee.” Instead, the changes in store to potentially include fees on “season and single-game tickets for all ticketed sports, season and single-game football parking, concessions, novelties and purchases at the Blue & White Golf Courses” will be directed toward scholarships and athletics facilities, which includes Beaver Stadiums, which is currently undergoing a three-year, $700m renovation project.

From the release:

“The decision to institute nominal fees was not taken lightly, but rather one focused on how to best support our student-athletes and the entire athletics department. Penn State Athletics has a strong foundation and an unmatched fanbase that will help attack this new era of college athletics as one Penn State community, with a presence felt across the country and around the globe.”

Penn State football optimistic for future

A long-running conversation within the Penn State football program under the direction of head coach James Franklin, the alignment between the university chair of the board of trustees, its president, and athletic director is one that has been appreciated.

“Pat Kraft has been a game changer for us. Linebacker in the Big Ten. He runs the ship that way. He is aggressive in everything he does. And that’s changed. We have not been that way,” Franklin told Pat McAfee this past season. “This place has got great history and tradition, but Pat is being aggressive in everything year round, and now we’re starting to operate like a program that is realistically and legitimately trying to win national championships. That starts with Pat Kraft.”

The Legacy Fund’s fees are currently set for the 2025-26 season and will be revisited in the future. However, the full details of those fees, and where they will be in effect, has not yet been released beyond the following answer in the FAQ.

“The Legacy Fund will appear as an added contribution onto a variety of items, including but not limited to, season and single-game tickets for all ticketed sports, season and single-game football parking. Football season ticket holders will be the first to see the application of the Legacy Fund contribution during the renewal period kicking off in February. For football, season ticket accounts will see a line item reflecting a $20 contribution applied to each season seat for the regular season. Likewise, for football season parking, account holders will see a $45 fee applied to each season parking pass.”

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