Penn State will receive B1G payout from bowl games

Penn State is recovering from the incidents that nearly shut down one of the most historic programs in collegiate football. Stripped of both wins and bowl privileges (that have since been restored), the Nittany Lions are returning to form.

The program received news last year that the bowl ban would be lifted which was fantastic for recruiting purposes and general morale of the fan base.

However, even with their bowl game, Penn State did not receive a penny for playing in the game. That will change this season. Penn State released a statement that the Big Ten committee has restored the school’s share of conference bowl revenue.

“We are grateful to the Big Ten and the Council of Presidents and Chancellors for their decision to restore Penn State’s share of the Conference bowl revenues to the University in the upcoming football season,” said Penn State President Eric Barron in a statement, via College Football Talk. “These funds will help to support our 31 teams and more than 850 student-athletes.

“While we are pleased with the decision, we will not waver in our commitment to prevent child abuse, to maintain our leading compliance and safety programs, and to continue to invest in our teaching and research efforts focused on child abuse prevention and treatment.”

Over the last few years, Penn State has missed out on roughly $5 million dollars because of the B1G sanctions, not counting the $2.6 million the school “donated” to charity following the Sandusky scandal.

Behind possible No. 1 overall pick Christian Hackenberg and a team that has come together over the past few years, expectations will be the highest they have been in a long time. Big Ten football is always a nightmare so nothing is for certain, but there’s a bit more reason to be happy around Happy Valley.

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*Featured Photo (above) credit to USA TODAY Sports