Also, the PA lottery benefits senior citizens.
And proceeds from legalized gambling in PA will we used for property tax relief. I'm still waiting for that.Definitely worth a read - in its entirety
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And proceeds from legalized gambling in PA will we used for property tax relief. I'm still waiting for that.
I quit. They dropped me. Probably at my age they thought I passed . lol
This is a great fact, but not readily apparent to most people, in most fundraising
The point is not fraud but deception. General budget and/or undesignated gifts can be segued to other areas when designated donations exceed a quota/need. I was going to pay to send my kid to football camp but he earned a scholarship. Kept some of the money in my "general fund".
Exactly what I said. A designated donation goes to the place specified.
Penn State donations are down 22% from 2024.
In a continuing trend. The general fund continues to be nailed.
In a continuing trend. The general fund continues to be nailed.
For the most part, folks who would potentially be swayed by such ridiculous actions are too dumb and, therefore, poor, to donate much, or they've grown old, lost their T and are no longer interested in sports.
I'm reminded of a former board member who has made it his life's work to attack the university, no matter how irrational his words and actions, and no matter how wasteful of university resources ... who assured us that the money would flow in if things like the field was renamed in Joe's honor were undertaken ... meanwhile, he had just begged online for tens of thousands of dollars just to afford an obviously meritless vanity project lawsuit.
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They can just set up a gofundme. Problem solved.
It's what people do when they're horrible at managing their own (and others') finances, but still want to spend, spend, spend.
Or they can just spend that goodwill that is on their balance sheet.
First , Ivpaid for a lifetime alumni association membership probably close to 40 years ago shortly after I graduated. I haven't donated since.
Secondly most sports these days are money scam, including Penn State. Look at football over the years and compare the price of what we have to pay for tickets now compared to just normal price increases across the board.
For you older guys you will remember the days were not every Penn State game was on TV. I was born in 1963 so I can recall seeing maybe three games a year on local TV, remember some games were just on local affiliates, and maybe a bowl game.
This held true into the 70s to maybe the inception of ESPN when we started to get more choices and opportunities to see our teams .
TV and the money it has brought in expanded choices but has increased ticket prices dramatically. All the money that has been coming in has allowed everyone to do well more stuff for lack of a better way of saying it. Expanded budgets demand extra dollars to feed a bloated machine to keep up with competitors who are doing the same.
PSU was behind the curve with facilities a few years back and now we're upgrading but it what cost? In two years my cousin will see the cost of his season ticket sculpt dramatically. He sits on a 40 or so yard line maybe 20 rolls up. These tickets will cost him an average of $700 per game after his initial $10,000 buy in. And do you really think that that $10,000 buying will stay as a one time fee?
Another example are Buffalo Bills tickets, I know it's not Penn State but they are raising the cost of the tickets so much that it shoves the regular fan or even to somewhat well off fan out of the stadium. The bills are supposedly building some fancy new stadium it will actually have lower seating capacity because they found out in many ways charging an ultra premium for the best seats brings you in as much money or more as the fees you get for the cheap seats.
As for the fans? Screw them they could watch TV. And if you've looked at things like cutting the cord and going to streaming you can see how that is gone streaming is no longer cheaper.
And this will continue as long as people pay. Or as long as people have an irrational attachment to their team due to geographical or education educational affiliation. Once you look at as a product and drop the brand loyalty maybe things will change but I doubt it.
Secondly most sports these days are money scam, including Penn State. Look at football over the years and compare the price of what we have to pay for tickets now compared to just normal price increases across the board.
For you older guys you will remember the days were not every Penn State game was on TV. I was born in 1963 so I can recall seeing maybe three games a year on local TV, remember some games were just on local affiliates, and maybe a bowl game.
This held true into the 70s to maybe the inception of ESPN when we started to get more choices and opportunities to see our teams .
TV and the money it has brought in expanded choices but has increased ticket prices dramatically. All the money that has been coming in has allowed everyone to do well more stuff for lack of a better way of saying it. Expanded budgets demand extra dollars to feed a bloated machine to keep up with competitors who are doing the same.
PSU was behind the curve with facilities a few years back and now we're upgrading but it what cost? In two years my cousin will see the cost of his season ticket sculpt dramatically. He sits on a 40 or so yard line maybe 20 rolls up. These tickets will cost him an average of $700 per game after his initial $10,000 buy in. And do you really think that that $10,000 buying will stay as a one time fee?
Another example are Buffalo Bills tickets, I know it's not Penn State but they are raising the cost of the tickets so much that it shoves the regular fan or even to somewhat well off fan out of the stadium. The bills are supposedly building some fancy new stadium it will actually have lower seating capacity because they found out in many ways charging an ultra premium for the best seats brings you in as much money or more as the fees you get for the cheap seats.
As for the fans? Screw them they could watch TV. And if you've looked at things like cutting the cord and going to streaming you can see how that is gone streaming is no longer cheaper.
And this will continue as long as people pay. Or as long as people have an irrational attachment to their team due to geographical or education educational affiliation. Once you look at as a product and drop the brand loyalty maybe things will change but I doubt it.
PSU is planning on funding the men’s tennis program with $600,000 this year. If I give $5k to the men’s tennis program, they don’t now fund it at $605,000. They use my $5k, kick in $595,000, and do whatever they want with the extra $5k.
Read one interview where a university administrator said ‘you can always find the money’ vav these buyouts. And really, the question sometimes is not can you afford to pay it, but can you afford not to? The Franklin situation (and Fisher before him) became untenable. Your only options thanks to these insane contracts is to fire and hope the mitigation clause relieves you of most of the burden, or keep the HC and hope he gets so miserable he quits. One gives you a chance at a fresh start, the other continues to sink your program. I don’t know what the fix is to the coaching contracts but they’re the issue and have been for a long time. Kids were not going to continue to sit back and be happy with scholarships while Dabo Swinney is making $9mm a year and telling them to shut up and take their medicine.
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PSU board of trustees allowed an incompetent agenda driven AD , Sandy Barber, to reward James Franklin with such a lucrative contract extension not based on his performance as a football coach, but for every other reason other than performance. Read between the lines. This was and is the boards fault .
Um the board allowed the moving up of Erikson, allowed Uncle Fester to become e AD, allowed Barron as Pres, allowed Sandy as AD. IMO Franklin was the least of their poor decisions.
Cool, then you have no idea how it actually works.
No. But. The money that is designated does go to the place it's supposed to go to. But it doesn't change the budget for that area. It doesn't automatically give that area a a larger budget, just because someone donated to it. Sot it's a bit of smoke and mirrors. The budget stays the same.
And, from what I understand, the real puppet master behind the Franklin extension was then-BOT Chair Matt Schuyler (sp), who pressured the apparently spineless Sandy and the BOT into giving James the renegotiated deal.
For those who haven't read... Schuyler is now the head of HR for the Agency that Jimmy Sexton works for. Sexton is James' agent.
My Goodness! What a wild and crazy coincidence and sequence of events!
I'm not sayin', I'm just sayin'.
I don't think anyone needs to "read between the lines".
As disconcerting as Barbour's tenure was as AD (both at Cal and at PSU) the (former)HCJF contract debacle of 2021 was not her baby. That was the offspring of PSU BOT Leadership, certainly. Anyone paying even the slightest attention knows that.
Purely coincidental. Sexton's influence on the inner workings of CAA is limited.
Schuyler should take great care to insure that he doesn't cut himself shaving before going into work every day.
Let the record show that you replied to the EXACT SAME POST 4 SEPARATE TIMES.
And the entirety of your replies?
1. "yawn emoji BS"
2. "BS"
3. "Another fairy tale"
4. "LoL"
So, you had 4 cracks at it, and your mentally impaired mind couldn't figure out anything to post any of those times.
At least 2 of the times didn't reference poop, butts or homosexuality, JohnjoeJumbaaubie.
Maybe having no memory will finally cure you of your other afflictions. You won't remember your prior obsessions.