Nov. 10 (Bloomberg) -- Ticket resale prices for Penn State’s football game against the University of Nebraska have dropped almost 23 percent since coach Joe Paterno was fired last night.
Defensive coordinator Tom Bradley, 55, was promoted on an interim basis to replace Paterno, who was dismissed along with university President Graham B. Spanier four days after former assistant football coach Jerry Sandusky was charged with sexually assaulting boys in the school’s athletic complex.
Paterno, 84, said earlier yesterday that he would retire at the end of the season, making the Nov. 12 matchup against Nebraska the last home game of his 46-year career in State College, Pennsylvania.
After Paterno’s announcement, the average price for seats surged almost 100 percent to $283 on the secondary market, according to TiqIQ, an event ticket aggregator that tracks listings from StubHub, EBay, TicketNetwork and TicketsNow. Since Paterno was fired last night, the average ticket price has dropped to $220, TiqIQ said.
Penn State’s Beaver Stadium has been expanded to seat 106,572 fans, up from 46,284 when Paterno took over as coach in 1966. The school’s biggest crowd was 110,753 for a 2002 game against Nebraska.
Penn State is 8-1 and ranked 12th in the Bowl Championship Series rankings entering this weekend’s game against 19th-ranked Nebraska (7-2).
It is also Senior Day, when the team’s 20 seniors will be honored in a ceremony before their final collegiate contest in Beaver Stadium. The seniors, who are 37-11 in the past four seasons, held player-only meetings throughout the week to keep the team focused on football.
“All we can do is come together,” senior offensive lineman Chima Okoli, 22, said on the Penn State athletic website. “We’re all we have.”
Some Penn State students have urged fans in attendance on Saturday to wear blue, the color that coincides with the Blue Ribbon Campaign to Prevent Child Abuse. The “Blue Out” was announced on a Facebook page to support “victims of child abuse worldwide.” Penn State students usually wear white T-shirts in a game-day tradition known as the “White Out.”
McLanahan’s, a 78-year-old store on Penn State’s campus, is selling Blue Ribbon t-shirts for $9.99, according to its website. Proceeds from the shirts, which say “Blue Out Nebraska,” will go to Prevent Child Abuse Pennsylvania, a local chapter of Prevent Child Abuse America which promotes public awareness for child abuse and prevention through legislative and social avenues.
To contact the editor responsible for this story: Michael Sillup at firstname.lastname@example.org