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Donald Trump: “Did you see where Penn State lost $525 million? Can you…”

Featuring: Donald Trump, Republican | President of the United States | National

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Published | Video Starts at 1:08:29

Other sports aren't going to be relevant. Football is going to cause it all. Basketball to a much lesser extent. But your colleges are going to go bankrupt. Did you see where Penn State lost $525 million? Can you believe it? One of the great schools of Florida lost $450 million. Think of that. 450. Because it's basically professional sports without a cap. And you can't have without a cap. And we had a good system. (1:08:29–1:08:41)

CLAIM

Claims Penn State and a Florida school lost $525 million and $450 million, respectively, due to changes in college sports.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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