Pegulas commit historic gift for new arena and hockey program

Penn State President Graham Spanier announced to the Board of Trustees (Sept. 17) 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.