2012-07-23

Penn State sanctions: $60M, bowl ban

Story by ESPN
Freeh Report: http://www.blogger.com/blogger.g?blogID=33772760#editor/target=post;postID=7366856070680177424

The NCAA has hit Penn State with a $60 million sanction, a four-year football postseason ban and a vacation of all wins dating to 1998, the organization said Monday morning.

The career record of Joe Paterno will reflect these vacated records, the NCAA said.

Penn State must also reduce 10 initial and 20 total scholarships each year for a four-year period. http://espn.go.com/video/clip?id=espn:8191216

The NCAA revealed the sanctions as NCAA president Mark Emmert and Ed Ray, the chairman of the NCAA's executive committee and Oregon State's president, spoke at a news conference in Indianapolis at the organization's headquarters.
http://espn.go.com/college-football/story/_/id/8191027/penn-state-nittany-lions-hit-60-million-fine-4-year-bowl-ban-wins-dating-1998

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