NCAA Fines Penn State $60 Million, Disqualifies School From Bowl Play For 4 Years
July 23 2012, Published 6:00 a.m. ET
The hits keep coming for Penn State as the school continues to pay for the Jerry Sandusky molestation cover-up: the NCAA Monday ordered the institution to pay $60 million in fines and banned it from play in any bowl games the next four years.
"Football will never again be placed ahead of educating, nurturing and protecting young people," NCAA President Mark Emmert said after announcing the series of punishments.
In addition, the school will be docked 40 football scholarships (10 annually for the next four years), will be on probation for five years, and vacated any win it accrued from 1998 through 2001. The win deduction knocks the late Joe Paterno from the title of the NCAA's all-time winningest coach (John Gagliardi holds the revised record).
In the wake of the revealing report from former FBI Director Louis Freeh this month, Emmert said he'd "never seen anything as egregious" as Sanduky's molestation spree paired with the silence from Paterno and the school officials aware of his actions.
Critics of the school's mishandling of the Sandusky scandal called for an indefinite shutdown of the football program.
As we previously reported, Paterno's statue was removed from the school over the weekend following the release of the Freeh report, which claimed the late coach was complicit with his silence, despite knowledge of Sandusky's actions.
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