The 1988 win helped the Mountaineers on their way to their first-ever national championship game appearance later that season.
The series, if renewed, will be convenient for the Mountaineers -- now logging extensive frequent flyer miles in the Big 12 Conference - as Milan Puskar and Beaver stadiums are separated by a relatively short 181-mile drive.
It is also the second rivalry Luck has helped revive this year.
Earlier this month, WVU and Virginia Tech agreed to a similar series with a game in Morgantown in 2021 and a game in Blacksburg, Va., in 2022. WVU and Penn State will have to work with those two dates in mind.
WVU and Virginia Tech last played in 2005 after playing every season beginning in 1972. The Mountaineers lead the series 28-22-1, but the Hokies currently possess the series' coveted Black Diamond Trophy.
In announcing that series, Luck said he was responding to legions of fans who expressed strong sentiments about renewing the former rivalry.
"This game is great for college football," Luck said. "We all know that the two schools have extraordinary fan bases, and both schools will be counting down the days until the Hokies and the Mountaineers meet again."
The same will likely be said of the Penn State rivalry, should the deal come to fruition.