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Penn State Cult (Joe Knew)

Now they've got room for a new statue ...

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The short answer to this question is NO......do they really think any big time attorney would tarnish his reputation by defending a pedophile coverup?

NittanyLionFootballFreak
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Posted: Today 11:04 AM
Is there a big time attorney to take this case......
If it comes down that PSU hasnt had a due process against the punishments handed down?
 
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One more type of sanction that no one has brought up that I've seen, but would be interesting...do you think the NCAA could do what UEFA does and force them to play their home games in an empty stadium? Usually that is a result of unruly fan behavior, but has been done in cases of the club doing bad things before...if you want to hit a team somewhere, hit them in the wallet.
 
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A fine of at least $30 mil and as much as $60 mil, as reported by Brett McMurphy, doesn't seem like much of a threat to a mega athletic department. There's always money out there.

Fine someone like Ohio University that and then there may be a problem.

And whatever media leaks the NCAA has should really be cleaned up.
 
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Forbes had PSU football rated #3 overall last year with a football profit of $53m. If you factor in the certain loss of revenue from a post-season bowl ban, plus possible losses from either restricted/vacated gate receipts or loss of TV revenue, then a heavy financial burden on top of that would start cutting into other sports across the atheltic department.

$60m doesn't *sound* like a lot to a billion dollar enterprise, but it's huge.
 
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Exactly how can BTN televise past Penn State football games now? If the conference or network is trying to disassociate with Joe Paterno, it would be darn-near impossible to televise a past game.

Although, I guess BTN could just show the 2011 Ohio State-TSUN game again (and again and again).
 
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Dryden;2182713; said:
Forbes had PSU football rated #3 overall last year with a football profit of $53m. If you factor in the certain loss of revenue from a post-season bowl ban, plus possible losses from either restricted/vacated gate receipts or loss of TV revenue, then a heavy financial burden on top of that would start cutting into other sports across the atheltic department.

$60m doesn't *sound* like a lot to a billion dollar enterprise, but it's huge.


and don't forget the money they will be paying out victims. Not from the same accounting bucket but a massive outflow of cash none the less.

The other thing to keep in mind is like any business PSU 's expense structure is built on estimates of a certain level of revenue. If the on hand cash starts to get swept out in big chunks at the same time future revenue's are projecting down then the expense structure (employee comp is easiest) is going to take a haircut almost instantly.

Losing 1 years total revenue (50-60 MM estimates) would crush the athletic program imo given the lack of details we have at this point.

I know people up here who have a large part of their kids future education plans built on title 9 driven scholarships to PSU for their daughters in non revenue producing sports. This is not good news and I genuinely feel bad for them.
 
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Jaxbuck;2182719; said:
and don't forget the money they will be paying out victims. Not from the same accounting bucket but a massive outflow of cash none the less.

The other thing to keep in mind is like any business PSU 's expense structure is built on estimates of a certain level of revenue. If the on hand cash starts to get swept out in big chunks at the same time future revenue's are projecting down then the expense structure (employee comp is easiest) is going to take a haircut almost instantly.

Losing 1 years total revenue (50-60 MM estimates) would crush the athletic program imo given the lack of details we have at this point.

I know people up here who have a large part of their kids future education plans built on title 9 driven scholarships to PSU for their daughters in non revenue producing sports. This is not good news and I genuinely feel bad for them.

Then they should be granted an immediate release if they want to play elsewhere (and the receiving school granted an extra schollie), otherwise Ped State is honor-bound to continue paying the scholarship to the player.
 
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BuckeyeMike80;2182721; said:
Then they should be granted an immediate release if they want to play elsewhere (and the receiving school granted an extra schollie), otherwise Ped State is honor-bound to continue paying the scholarship to the player.
Like that means anything in Rhythmic Slappy Valley. :lol:
 
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BuckeyeMike80;2182721; said:
Then they should be granted an immediate release if they want to play elsewhere (and the receiving school granted an extra schollie), otherwise Ped State is honor-bound to continue paying the scholarship to the player.

Moreso the future "loss" (can't lose what you never had) grant/aid/limited schollie type situations.

If your kid is less than 4 years away, has been getting the grades, played the sport well enough and was following the pattern set in the past to have her undergrad be affordable at PSU then the potential loss of that avenue would be a BFD.

I know it's not a mainstream concern but yet another example of the impact that monster, and the people who enabled him, have on others.
 
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