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Joe Paterno Net Worth, Biography, Wiki in 2017-2016

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Joe Paterno net worth:
$10 Million

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Joe Paterno Net Worth, Biography, Wiki 2017-2016

Joseph Vincent Paterno, sometimes referred to as JoePa, was an American, much-celebrated, college football coach, whose career came into disrepute when he was connected with an infamous sex scandal in 2011. He was born on the 21st of December, 1926, in Brooklyn, New York, and was of Italian ancestry.

With a head coaching career spanning six decades, how rich was Joseph Paterno? Sources estimate his net worth at $10 million.

Joe Paterno Net Worth $10 million

Paterno left Brooklyn Preparatory School aged eighteen, and almost immediately enlisted into military service. He served in the US Army in 1945, the last year of World War II, before returning to civilian life to attend Brown University, graduating in 1950 with a degree in English Literature. During his time at Brown, he played football (cornerback and quarterback) for the Brown Bears.

Instead of progressing to grad school, and much to the annoyance of his father, in 1950, Paterno decided to take an assistant coach position at Penn State, with the Nittany Lions. The head coach at that time was Rip Engle, who has coached Paterno when he played at Brown. In 1963, he was offered a salary of $18,000 to leave Penn State and to join the Oakland Raiders. Though that was triple his Penn State salary, and would have been a big boost to his personal wealth, Paterno refused, citing loyalty to the university.

Paterno became head coach when Engle retired in 1966. Over his career at Penn State, Paterno would boast the most victories in all of college coach football history, with 409 total. Over 250 men who played for him went on to become professional.

On the 5th of November, 2011, Jerry Sandusky, former defensive coordinator for Penn State, was arrested on child sexual abuse charges. He was said to have conducted these crimes over a 15 year period, 1994 – 2009. It was alleged that Paterno had known about one child that Sandusky had abused, and that he had not taken appropriate action. He had notified a few colleagues in positions of authority, but had gone no further, and had not informed the police of the situation. Over the following days, a large crowd formed in front of Paterno’s home, full of students who supported him. He was fired on the 9th of November, 2011. He was succeeded in his post by Bill O’Brien.

Only a brief amount of time passed between Paterno losing his job, and him passing away. He died on the 22nd of January, 2012, from lung cancer, at Mount Nittany Medical Centre, Pennsylvania. He was eighty-five.

Paterno took a special interest in his team’s academic performance, which ensured that Penn State players had above average academic results. He also made large contributions to Penn State over the course of his career. Awards he won included “The Bobby Dodd Coach of the Year Award” (1981, 2005), “Sports Illustrated Sportsman of the Year” (1986), “Sporting News College Football Coach of the Year” (2005), and “The Home Depot Coach of the Year Award” (2005), amongst others. He is also a member of the College Football Hall of Fame, inducted on the 4th of December, 2007.

In his personal life, Paterno was a staunch conservative, and endorsed several Republicans, including George H. W. Bush, of whom he was a personal friend. He married Suzanne Pohland in 1962. They had five children, who all attended Penn State, and 17 grandchildren.


More about Joe Paterno:

  • Filmography
  • Awards
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  • Facts
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Self

Self

TitleYearStatusCharacter
2011 Outback Bowl 2011 TV Movie Himself - Penn St. Nittany Lions Head Coach
2010 Capital One Bowl 2010 TV Movie Himself - Penn St. Nittany Lions Head Coach
2009 Rose Bowl 2009 TV Movie Himself - Penn St. Nittany Lions Head Coach
8:Ivy League Football and America 2008 TV Movie documentary Himself
2006 FedEx Orange Bowl 2006 TV Movie Himself - Penn St. Nittany Lions Head Coach
Costas Now 2005 TV Series Himself - Football Coach
ESPN 25: Who's #1? 2004 TV Series documentary Himself
2003 Capital One Bowl 2003 TV Movie Himself - Penn St. Nittany Lions Head Coach
Go Tigers! 2001 Documentary Himself
ESPN SportsCentury 2000 TV Series documentary Himself
1999 Outback Bowl 1999 TV Movie Himself - Penn St. Nittany Lions Head Coach
Ageless Heroes 1998 TV Movie documentary Himself
1996 Outback Bowl 1996 TV Movie Himself - Penn St. Nittany Lions Head Coach
1995 Rose Bowl 1995 TV Movie Himself - Penn St. Nittany Lions Head Coach
1989 Holiday Bowl 1989 TV Movie Himself - Penn St. Nittany Lions Head Coach
1988 Florida Citrus Bowl 1988 TV Movie Himself - Penn St. Nittany Lions Head Coach
1987 Sunkist Fiesta Bowl 1987 TV Movie Himself - Penn St. Nittany Lions Head Coach
1983 Aloha Bowl 1983 TV Movie Himself - Penn St. Nittany Lions Head Coach
1982 Fiesta Bowl 1982 TV Movie Himself - Penn St. Nittany Lions Head Coach
1980 Fiesta Bowl 1980 TV Movie Himself - Penn St. Nittany Lions Head Coach
1979 Liberty Bowl 1979 TV Movie Himself - Penn St. Nittany Lions Head Coach
1977 Fiesta Bowl 1977 TV Movie Himself - Penn St. Nittany Lions Head Coach
1975 Cotton Bowl 1975 TV Movie Himself - Penn St. Nittany Lions Head Coach
1974 Orange Bowl 1974 TV Movie Himself - Penn St. Nittany Lions Head Coach
1972 Cotton Bowl 1972 TV Movie Himself - Penn St. Nittany Lions Head Coach
1970 Orange Bowl 1970 TV Movie Himself - Penn St. Nittany Lions Head Coach
1969 Orange Bowl 1969 TV Movie Himself - Penn St. Nittany Lions Head Coach
1967 Gator Bowl 1967 TV Movie Himself - Penn St. Nittany Lions Head Coach

Archive Footage

Archive Footage

TitleYearStatusCharacter
ESPN Films 2014 TV Series Himself - Archive
60 Minutes Sports 2013 TV Series documentary Himself - Penn State Coach (segment "The Prosecutors")
Rome Is Burning 2008 TV Series Himself
Coached into Silence 2015 Documentary filming Himself

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#Fact
1 Father of Jay Paterno.
2 Due to the Penn State sex scandal, the NCAA vacated Paterno's wins from 1998 through 2011.
3 On July 22, 2012, Penn State announced it had removed the statue and "store[d] it in a secure location, citing that it had become a "source of division and an obstacle to healing." The accompanying plaques and quotations were removed as well.
4 Due to the Penn State sex scandal, on July 12, 2012, Mark Parker the president of Nike Inc. said he is changing the name of the Joe Paterno Child Development Center, a child care facility at the company's headquarters in Beaverton, Oregon.
5 Penn State head football coach (1966-2011).
6 After years of refusing to make his salary public, his salary was revealed to be $500,000 per year in November 2007.
7 Named The Associated Press college football coach of the year (20 December 2005)
8 Is among the all-time leaders in wins by a major college coach. As of December 2005, he was second only to Bobby Bowden.
9 All five of his children are Penn State graduates.
10 Was Penn State head football coach from 1966 until midway through the 2011 season.


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#Trademark
1 Extremely thick pair of glasses


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