By Jeff Faraudo
Monday, July 23rd, 2012 at 10:25 am in Football.
As expected, the NCAA today handed Penn State harsh penalties in response to the Jerry Sandusky child abuse case.
Here is a summary:
– A four-year bowl ban
– $60 million in fines, spread over five years, to endow programs designed to prevent child abuse and assist victims.
– All of Penn State’s football victories since 1998 will be vacated, reducing late coach Joe Paterno’s career victory total from an all-time record 409 to 298. Paterno’s record now stands at 298-136-3.
– Penn State will lose 10 scholarships this year and 20 per season for four years. Within two years, the Nittany Lions’ scholarship limit will be capped at 65 — 20 below the norm.
– Current players will be allowed to transfer to another school without having to sit out a season.