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Notre Dame first met Penn State in 1913 and played three times in the mid-20s and again in the 1976 Gator Bowl.
It wasn't until 1981 that the series actually solidified, an annual home-and-home series was agreed upon, with Penn State winning six of the first seven. The series is tied at 9-9-1.
The real reason that this series should be renewed though is to send Joe Paterno off with the losses to Notre Dame that he deserves. In a hypocritical fashion, Paterno was extremely critical of Notre Dame signing an exclusive contract with NBC in 1991. Penn State was also an Independent until joining the Big Ten in 1990.Paterno's constant reference to greed is also another hypocrisy by the highest paid state employee in the Commonwealth of Pennsylvania.
The series ended after the 1992 season with Penn State claiming that its admittance to the Big Ten made it too difficult to schedule Notre Dame.
The two schools faced off again in 2006-07, splitting.
Renewing this rivalry would be a good parting gift for Paterno, who's school brings in more money a year with their Big Ten television contract than Notre Dame does with NBC.