• Loading stock data...
Tuesday, July 1, 2025

Penn State Approves Initial Stages of $700M Athletics Renovation

  • Last week, Penn State’s Board of Trustees approved the beginning stages of a $700 million plan to renovate athletic facilities.
  • The school has approved major upgrades to Beaver Stadium, which will receive $70 million in upgrades in this first phase.
Beaver Stadium will receive major upgrades over the next four years.
Penn State Athletics

Penn State athletics is about to get a major facelift.

Last week, the school’s Board of Trustees approved the beginning stages of a $700 million plan to renovate its athletic facilities — most notably major upgrades to Beaver Stadium, which will receive $70 million toward renovation during this first phase.

The school estimates that these major renovations are a more economical option than building a new football stadium, which could have cost an estimated $1.5 billion, according to The Philadelphia Inquirer.

The project, which will also benefit other teams in the department, will reportedly take place four years and be completed by August 2027. Construction will begin in January 2025 after plans are finalized over the next year.

A Self-Sufficient Department

Unlike many similar projects across the country, Penn State’s renovations will be funded solely by the athletic department, which will use a combination of loans, fundraising, and capital budget. 

The university’s president, Neeli Bendapudi, noted that it’s one of the only athletic departments in the country that is completely “self-sustaining.”

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

ESPN, MLB Relationship May Not Be Over After All

The parties restart rights talks amid a high-profile divorce in February.

College Sports Revenue-Sharing Underway As More Changes Loom

July 1 marks the first day schools can directly pay players.

What Would a LeBron James L.A. Exit Look Like?

ESPN’s Bobby Marks said “there isn’t” a trade market for James.
Rob Manfred, Commissioner of the MLB, speaks to the media during Cactus League media day at the Arizona Biltmore on Feb. 18, 2025, in Phoenix.

Manfred, MLB Owners Pitch Directly to Players Ahead of CBA Expiration

Owners see a disconnect between union leadership and individual players.

Featured Today

The Battle Over Wimbledon’s Ambitious Expansion Plan

A classic NIMBY standoff on one of the most hallowed grounds in sports.
Seattle Rough & Tumble
June 28, 2025

Women’s Sports Bars Are on the Rise. Survival Isn’t Guaranteed

Some women’s sports bars are cashing in. Others are clawing for funding.
June 27, 2025

Shitposters Have Taken the Reins of Pro Sports’ Official Voices

Meet the social media pros turning sports teams into internet trolls.
Jun 17, 2025; Sunrise, Florida, USA; Florida Panthers center Sam Reinhart (13) hoists the Stanley Cup after winning game six of the 2025 Stanley Cup Final against the Edmonton Oilers at Amerant Bank Arena
June 26, 2025

Stanley Cup’s International Summer Tour: Rules, Repairs, and Raucousness

No pro trophy tour compares to the NHL’s three-month global victory lap.

Bengals Strike 10-Year, $470M Stadium Deal to Stay in Cincinnati

The NFL franchise and Hamilton County have agreed to a new lease.
June 25, 2025

MLB’s Bold Bristol Plan: Inside the Renovation and Potential Records

Work accelerates to convert the massive motorsports venue for baseball.
June 26, 2025

Browns $2.4B Stadium Plan Now Relies on Ohioans’ Forgotten Money

Ohio’s Modell Law is revised, while stadium funding faces new challenges.
Sponsored

Hottest Matchups Following NFL Schedule Release

The NFL released the 2025 regular-season schedule, and anticipation is already building in the ticket marketplace with four months to go.
June 24, 2025

Diamondbacks Score Up to $500M for Chase Field Renovation

Concerns about another potential team relocation in Arizona influence the vote.
June 23, 2025

A’s Launch $1.75B Ballpark Build With Funding Puzzle Still Unsolved

Ground is broken in Las Vegas, but funding issues, Sacramento woes persist.
June 23, 2025

World Cup, NFL Draft, New Stadiums in PA … and No State..

Growing sports-related needs conflict with budget worries in the commonwealth.
Fenway Park
June 18, 2025

Fenway Park Concession Workers Poised to Strike 

The unionized workers overwhelmingly voted to authorize a strike.