Recent content by GrimReaper

Believe that PSU owns the land and buildings.

Yeah, all he has to do is negotiate media rights deals that yield enough cash for his bisses to pay players and build new facilities. He should give Mike Tranghese a call.

It's not a bid/open bid process. Typically an entity trying to dispose of properties of this type engages a financial advisor who develops alternative structures and gauges interest. It's not widely advertised, but word gets around.

Barry is correct when he points out that including portions of the budget attributable to the medical center and research isn't relevant when discussing the state appropriation. Resources from those activities can't be shifted to cover shortfalls on the instructional side. Believe the Governor...

St Thomas is probably a parting gift from Ms. Excellence to Phil Esten.

You mean like Cal did with Barbour?

Not sure how much it would even matter at this point. Even if Magic Mike recanted a very large segment would dismiss it by either saying that PSU paid him off, or so what, Sandusky raped 25 (I'm taking a little literary license here) other kids on PSU's campus.

Shouldn't be a problem.

Agreed, but that would mean that he'd have to admit publicly that he lied. Sorry, but Slim is long gone.

Having Schwartz audition for the job while paying a retainer search firm would be a typical Penn State move.

So if she had never proposed it, the Compensation Committee would have done it on their own? Or maybe they looked at the alternative and decided that the contract was the lesser of two evils.

That ought to be an interesting clash of cultures, Yormark and a bunch of college presidents. And if they don't come around to his way of thinking, he can always enlist his wife's family to take care of it.

Our former AD is/was not that forward-thinking. Other than that, your analysis is spot on.

I don't get the musical chairs. Jones isn't leaving PSU so why couldn't he remain as provost until the new person come on board?