100 Dollar Bill Sheets (Getty)
Columbia, SC (WLTX) -- Observing the explosive reaction in State College, PA overnight to the firing of Joe Paterno, questions arise about just how much money the football program earns at Penn State, and the other top schools in the country.
Looking in from the outside, some say the student and fan reaction in State College seems rather inappropriate, considering the Sex Scandal circumstances surrounding Paterno's exit.
Faithful fans aside, the school, and the town of State College, may see significant financial impact from the entire scandal.
Penn State University ranked 3rd in the nation in earnings from their football program for 2009-2010, showing a total revenue of over $70 Million dollars, and posting a clear profit of over $50 Million.
The Top 11 U.S. Schools Football Profits
| Rank |
School |
Revenue |
Expenses |
Profit |
| 1 |
University of Texas |
$93,942,815 |
$25,112,331 |
$68,830,484 |
| 2 |
Univ. of Georgia |
$70,838,539 |
$18,308,654 |
$52,529,885 |
| 3 |
Penn State Univ. |
$70,208,584 |
$19,780,939 |
$50,427,645 |
| 4 |
Univ. of Michigan |
$63,189,417 |
$18,328,233 |
$44,861,184 |
| 5 |
Univ. of Florida |
$68,715,750 |
$24,457,557 |
$44,258,193 |
| 6 |
Louisiana State Univ. |
$68,819,806 |
$25,566,520 |
$43,253,286 |
| 7 |
Univ. of Alabama |
$71,884,525 |
$31,118,134 |
$40,766,391 |
| 8 |
Univ. of Tennessee |
$56,593,946 |
$17,357,345 |
$39,236,601 |
| 9 |
Auburn Univ. |
$66,162,720 |
$27,911,713 |
$38,251,007 |
| 10 |
University of Oklahoma |
$58,295,888 |
$20,150,769 |
$38,145,119 |
| 11 |
Univ. of South Carolina |
$58,266,159 |
$22,794,211 |
$35,471,948 |
Looking at the numbers above it's difficult to predict where Penn State's football income will go once the sex scandal comes to a final conclusion.
What's your take?