Hockey Gift Announcement 1
Penn State President Graham B. Spanier shows off a hockey jersey during the Board of Trustees meeting, just before the announcement of the largest private gift in the University's history -- $88 million from Terrence M. and Kim Pegula to fund a state-of-the-art, multi-purpose arena and help to establish an NCAA Division I men's hockey program. The gift paves the way for the creation of a Division I women's ice hockey program and enhanced figure skating opportunities. For details, visit live.psu.edu/story/48449 online.
Hockey Gift Announcement 2
Penn State President Graham B. Spanier announces to the Board of Trustees the $88 million gift from Terrence M. and Kim Pegula, as Penn State Athletic Director Tim Curley and the Pegulas look on. "The Pegulas' unparalleled generosity will make it possible for Penn State to serve our region and our student-athletes in exciting new ways," he said.
Hockey Gift Announcement 3
"Our family hopes that our gift inspires other Penn State hockey and ice skating enthusiasts to become involved with this project as well as other athletic endeavors under the very capable leadership of the Department of Intercollegiate Athletics," said Terry Pegula. "We plan to continue to support a variety of Penn State academic, cultural and athletic programs in the future."
Hockey Gift Announcement 4
A press conference held after the Board of Trustees meeting on Friday, Sept. 17, featured a display of the proposed layout and location of the new state-of-the-art, multi-purpose arena made possible by the $88 million gift by Terrence M. and Kim Pegula.
Hockey Gift Announcement 5
Kim and Terrence M. Pegula accept hockey jerseys and sticks as tokens of Penn State's appreciation for their $88 million gift. Presenting the gifts are Joe Battista, major gifts officer, left; Penn State President Graham B. Spanier, and Penn State Athletic Director Tim Curley, far right.
Hockey Gift Announcement 6
Terrence M. Pegula spoke at the press conference announcing the $88 million gift from him and his wife, Kim. The Pegulas' gift will launch the construction of a new arena at University Park that will be the only major rink within an 80-mile radius and on par with the best collegiate facilities in the country.
Hockey Gift Announcement 7
The ballroom of the Nittany Lion Inn was full for the press conference announcing the largest private gift in the University's history -- $88 million from Terrence M. and Kim Pegula to fund a state-of-the-art, multi-purpose arena and help to establish an NCAA Division I men's hockey program and pave the way for the creation of a Division I women's ice hockey program and enhanced figure skating opportunities.
Hockey Gift Announcement 8
Penn State Athletic Director Tim Curley, left, addressed the press conference from his seat as Kim Pegula, Terrence M. Pegula, Penn State President Graham B. Spanier and Greg Myford, associate athletic director for marketing, look on. The gift comes as the University is engaged in the largest fundraising effort in its history, For the Future: The Campaign for Penn State Students.
Hockey Gift Announcement 9
After the press conference, members of the news media interviewed Terrence M. Pegula, a 1973 Penn State graduate and a leader in the oil and natural gas industry, who said, "We want to share our success with the people of Pennsylvania and with the very institution that helped me obtain the tools to launch my career in the oil and natural gas industry."
Hockey Gift Announcement 10
Penn State Athletic Director Tim Curley, left, told members of the media the gift makes it possible for the University to enter NCAA hockey competition in 2012-13.
