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November 12, 2011 E-MAIL PRINT Bookmark and Share

Pegula Re-Affirms Penn State Commitment

CHN Staff Report

Penn State hockey benefactor Terry Pegula, also the owner of the NHL's Buffalo Sabres, re-affirmed his commitment to the nascent program in a statement late Thursday.

Penn State has been rocked by revelations that a former football coach has been charged with sexual abuse of boys, and that several Penn State officials kept it under wraps for more than 10 years. Legendary football coach Joe Paterno, athletic director Tim Curley, and president Graham Spanier have been fired, among others.

“The events that are unfolding at Penn State University are deeply troubling and a matter of great concern to me and my wife Kim," Pegulas said in the statement. "As many have expressed, our primary concern is for the individuals and families who may have been victimized.”

Pegula donated $88 million to the school to help kick-start a Division I men's and women's hockey progarm. Part of the money is going to endowing scholarships, and part is going to the building of a new arena that will bear his name.

“Our own support for Penn State and its hockey program is well known and will continue," Pegula said. "We expect the University will carry out its educational mission with high standards and integrity.

“Penn State's reputation has been severely tarnished. We are encouraged to see the University trustees have begun the process of restoring integrity and trust in the institution. This process will take a period of time and trust will need to be re-earned as a result of these recent disclosures.”

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