PSU ruling

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Crimson streak's avatar

Crimson streak

Senior Member

9,002 posts
Jul 23, 2012 3:09 PM
HitsRus;1231765 wrote:$60 million fine?...payable to who? The victims families? This is just more NCAA horse ****. If it wants to forfeit wins or ban the people who were associated with the program for 5 years/show cause, that is within it's jurisdiction.(barely). But fining the people of Pennslyvania is absurd ...although not unexpected from an organization that continues to usurp power faster than the federal governmnet.

And the worst part about it, is that people suck this stuff up like the NCAA is this all powerful, benign institution.

I won't be getting any money back from my state taxes anytime soon ;)
Jul 23, 2012 3:09pm
V

vball10set

paying it forward

24,795 posts
Jul 23, 2012 3:09 PM
This doesn't seem quite as funny as it once did :(

[video=youtube;hgEkCfpWU0o][/video]
Jul 23, 2012 3:09pm
se-alum's avatar

se-alum

The Biggest Boss

13,948 posts
Jul 23, 2012 3:46 PM
HitsRus;1231765 wrote:$60 million fine?...payable to who? The victims families? This is just more NCAA horse shit. If it wants to forfeit wins or ban the people who were associated with the program for 5 years/show cause, that is within it's jurisdiction.(barely). But fining the people of Pennslyvania is absurd ...although not unexpected from an organization that continues to usurp power faster than the federal governmnet.

And the worst part about it, is that people suck this stuff up like the NCAA is this all powerful, benign institution.
Pretty sure the money has to come from the athletic program, which is it's own entity, and not privy to public funds. Tax money won't be used to pay the fine. Also, the money, as stated in the announcement, will go to charitable organizations outside of PSU that helps protect children.
Jul 23, 2012 3:46pm
ts1227's avatar

ts1227

Senior Member

12,319 posts
Jul 23, 2012 3:49 PM
se-alum;1231803 wrote:Pretty sure the money has to come from the athletic program, which is it's own entity, and not privy to public funds. Tax money won't be used to pay the fine. Also, the money, as stated in the announcement, will go to charitable organizations outside of PSU that helps protect children.

It has to come specifically from football revenue. They aren't even allowed to use money from another sport.
Jul 23, 2012 3:49pm
W

WebFire

Go Bucks!

14,779 posts
Jul 23, 2012 3:52 PM
Good rant fail though.
Jul 23, 2012 3:52pm
OSH's avatar

OSH

Kosh B'Gosh

4,145 posts
Jul 23, 2012 4:02 PM
The $60 million is a drop in the bucket for them. In 2010-11, the athletic department had a REVENUE of $116 million. So, that $60 million is almost 50% of one year's revenue.

Yes, I do understand their revenue probably won't reach $116 million the next 4 years...but, it's not like the Penn State athletic department was hurting for money.
Jul 23, 2012 4:02pm
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vball10set

paying it forward

24,795 posts
Jul 23, 2012 4:12 PM
WebFire;1231807 wrote:Good rant fail though.
lol--reps
Jul 23, 2012 4:12pm
End of Line's avatar

End of Line

It's Clobberin Time!

6,867 posts
Jul 23, 2012 5:00 PM
Dejan Kovacevic ‏@Dejan_Kovacevic
#PennState prez says NCAA originally was set to shut down football four years. Would have been DOUBLE death penalty. That’s jurisdiction.
Jul 23, 2012 5:00pm
gorocks99's avatar

gorocks99

Senior Member

10,760 posts
Jul 23, 2012 5:25 PM
The_Crosby_Show;1231859 wrote:Dejan Kovacevic ‏@Dejan_Kovacevic
#PennState prez says NCAA originally was set to shut down football four years. Would have been DOUBLE death penalty. That’s jurisdiction.
Wow, now THAT is crazy. Talk about a thermonuclear option.
Jul 23, 2012 5:25pm
jordo212000's avatar

jordo212000

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10,664 posts
Jul 23, 2012 6:09 PM
OSH;1231815 wrote:The $60 million is a drop in the bucket for them. In 2010-11, the athletic department had a REVENUE of $116 million. So, that $60 million is almost 50% of one year's revenue.

Yes, I do understand their revenue probably won't reach $116 million the next 4 years...but, it's not like the Penn State athletic department was hurting for money.

I have no problem at all with the sanctions. Fair IMO.

But one thing I want to add is that revenues do not equal profits. So yes, they had that money come to the program, but we'd need to know what expenses there were
Jul 23, 2012 6:09pm
Midstate01's avatar

Midstate01

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14,766 posts
Jul 23, 2012 6:22 PM
My buddy here who's a huge psu fan defended psu and Paterno when allegations first came up. But now, he told me today hed have added to today's punishments. He said they should have had a bowl ban the same amount of years that they hid the crimes.
Jul 23, 2012 6:22pm
jordo212000's avatar

jordo212000

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10,664 posts
Jul 23, 2012 7:00 PM
I still am shaking my head at PSU students. First they rioted when Paterno was fired and then today they all started yelling when the penalties came down. What a joke, have they followed what happened at all? I'm not sure how anybody can in good faith complain about any sanctions that Penn State received.
Jul 23, 2012 7:00pm
Tigerfan00's avatar

Tigerfan00

Senior Member

3,427 posts
Jul 23, 2012 7:06 PM
jordo212000;1231932 wrote:I still am shaking my head at PSU students. First they rioted when Paterno was fired and then today they all started yelling when the penalties came down. What a joke, have they followed what happened at all? I'm not sure how anybody can in good faith complain about any sanctions that Penn State received.
Was reclegend22 leading the way?
Jul 23, 2012 7:06pm
M

MontyBrunswick

Jul 23, 2012 7:34 PM
Reps
Jul 23, 2012 7:34pm
killer_ewok's avatar

killer_ewok

iRep

11,379 posts
Jul 23, 2012 7:35 PM
The cover of the next issue of SI....

Jul 23, 2012 7:35pm
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vball10set

paying it forward

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Jul 23, 2012 7:43 PM
^^^ouch
Jul 23, 2012 7:43pm
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WebFire

Go Bucks!

14,779 posts
Jul 23, 2012 7:53 PM
vball10set;1231959 wrote:^^^ouch
Yeah, that's a pretty powerful cover, really.
Jul 23, 2012 7:53pm
DeyDurkie5's avatar

DeyDurkie5

Senior Member

11,324 posts
Jul 23, 2012 8:10 PM
good. fuck them. rec, you are a joke as well.
Jul 23, 2012 8:10pm
M

MontyBrunswick

Jul 23, 2012 8:19 PM
DeyDurkie5;1231977 wrote:good. fuck them. rec, you are a joke as well.
Look, he's just saying that Joe Pa is innocent if you don't take into account the hours upon hours of investigations that Penn State/Freeh/prosecutors did.
Jul 23, 2012 8:19pm
Q

queencitybuckeye

Senior Member

7,117 posts
Jul 23, 2012 8:27 PM
jordo212000;1231894 wrote:
But one thing I want to add is that revenues do not equal profits. So yes, they had that money come to the program, but we'd need to know what expenses there were
No different than someone saying that giving up half of their income for a year wouldn't make a dent. Few are that fortunate.
Jul 23, 2012 8:27pm
reclegend22's avatar

reclegend22

Cool Hand Luke

8,772 posts
Jul 23, 2012 9:51 PM
DeyDurkie5;1231977 wrote:good. **** them. rec, you are a joke as well.
From what I've come to gather, your best attributes are cussing and hurling insults. I guess everybody has a forte.

What I find to be a joke is that you can't seem to wrap your head around the reality that the Freeh Report is not absolute fact, and that the emails presented within it do not actually prove Paterno covered anything up. The report is essentially the "reasonable conclusions" of one man typed into one big-ass document. Nothing more, nothing less. If you feel differently, then show me the exactdocument within the report where it proves implicitly that Paterno directly ordered to cover everything up. And an ambiguous two-sentence email lacking absolutely any context whatsoever does not implicit proof make.

I'm simply choosing to look at all the possibilities and not just the one that I am being told is real.
Jul 23, 2012 9:51pm
reclegend22's avatar

reclegend22

Cool Hand Luke

8,772 posts
Jul 23, 2012 9:53 PM
DeyDurkie5;1231977 wrote:good. **** them. rec, you are a joke as well.


From what I've come to gather, your best attributes are cussing and hurling insults. I guess everybody has a forte.

What I find to be a joke is that you can't seem to wrap your head around the reality that the Freeh Report is not absolute fact, and that the emails presented within it do not actually prove Paterno covered anything up. The report is essentially the "reasonable conclusions" of one man typed into one big-ass document. Nothing more, nothing less. If you feel differently, then show me the exact document within the report where it proves implicitly that Paterno directly ordered to cover everything up. And an ambiguous two-sentence email lacking absolutely any context whatsoever does not implicit proof make.

I'm simply choosing to look at all the possibilities and not jump to rash conclusions based on incomplete information.
Jul 23, 2012 9:53pm
DeyDurkie5's avatar

DeyDurkie5

Senior Member

11,324 posts
Jul 23, 2012 9:56 PM
reclegend22;1232050 wrote:

From what I've come to gather, your best attributes are cussing and hurling insults. I guess everybody has a forte.

What I find to be a joke is that you can't seem to wrap your head around the reality that the Freeh Report is not absolute fact, and that the emails presented within it do not actually prove Paterno covered anything up. The report is essentially the "reasonable conclusions" of one man typed into one big-ass document. Nothing more, nothing less. If you feel differently, then show me the exact document within the report where it proves implicitly that Paterno directly ordered to cover everything up. And an ambiguous two-sentence email lacking absolutely any context whatsoever does not implicit proof make.

I'm simply choosing to look at all the possibilities and not jump to rash conclusions based on incomplete information.
From what I've read of you, you suck the nuts of accomplished sports figures. Coach K could rape a little boy, and you would find a way to defend him. Paterno knew about the whole thing, and didn't do anything. Not to mention, Sandusky was around the campus years after he knew. Paterno is just as guilty as sandusky. I'll believe someone that researched this thing for hours over someone(you) who sucks the teet of accomplished athletic figures.
Jul 23, 2012 9:56pm
OSH's avatar

OSH

Kosh B'Gosh

4,145 posts
Jul 23, 2012 9:59 PM
jordo212000;1231894 wrote:But one thing I want to add is that revenues do not equal profits. So yes, they had that money come to the program, but we'd need to know what expenses there were
Good call. Their net revenue was $31 million.

But, I will also say, their expenses could probably be A LOT less than $84 million if they wanted...so they could actually profit much more than $31 million.

***These are estimated expenses/revenues, I didn't want to do all the thousands and hundreds and cents.***
Jul 23, 2012 9:59pm
wildcats20's avatar

wildcats20

In ROY I Trust!!

27,794 posts
Jul 23, 2012 10:03 PM
They aren't paying out $60 mil all at once. It's $12 mil a year for 5 years.
Jul 23, 2012 10:03pm