Penn State Updates: Paterno family endorses trustee candidates
STATE COLLEGE, Pa. (AP) – A member of Penn State’s board of trustees says he is disappointed by what he calls “continued personal attacks” by the family of former coach Joe Paterno, which is backing other candidates in an upcoming board election. Board member and former football player Paul Suhey says students and employees deserve “a board committed to making sound and forward-thinking business and strategic decisions.” The Paterno family is backing candidates endorsed by an alumni group critical of how university leaders handled the aftermath of the Jerry Sandusky child abuse sex scandal. A letter from Paterno’s son David Paterno posted on the website of Penn Staters for Responsible Stewardship also distanced the family from Suhey, who was on the board in November 2011 when trustees fired Paterno.
STATE COLLEGE, Pa. (AP) – The Penn State athletic department’s latest financial report shows revenue declined by $7.9 million, or nearly 7 percent, last year to more than $108 million. The report posted on a university website late Monday showed revenue from football ticket sales was $33.4 million in 2012, down from $34.2 million in 2011. The figures are part of a filing required by the U.S. Department of Education of athletic departments. The report covers the fiscal year ending June 2012, though it was the school’s first filing following the child sex abuse scandal involving ex-assistant coach Jerry Sandusky, who was arrested in November 2011. More than $9.6 million in contributions were football-related, nearly five times the amount from 2011. However, contributions were down to athletics overall from $34.2 million to $25.5 million.
STATE COLLEGE, Pa. (AP) – Penn State’s bill to pay for legal fees, consulting and other costs connected to the response to the child sex abuse scandal involving former assistant football coach Jerry Sandusky has neared $43 million. Updated information Monday on a university website showed the bill at $42.9 million as of the end of January. It’s an increase of nearly $2 million from the previous update last month. The bill includes the first of the five annual installments of $12 million to pay off the fine imposed by the NCAA as part of strict sanctions. About $8.4 million covered university legal services or defense. Another $5 million paid for the legal defense fees of individuals including those for three former school administrators facing criminal charges related to the scandal.
(Copyright 2012, The Associated Press, All Rights Reserved)
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