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Penn State NCAA penalties: Penn State's football team won't be bowl eligible until 2017. (AP Photo)
A $60 million fine, equal to one year's revenue for the Penn State football program
10 scholarship losses for each of the next four years
A four-year postseason ban
All wins vacated from 1998-2011, including 112 of Joe Paterno's victories.
All players can transfer and be immediately eligible
A five-year probation
Penn State Hit With $60M Fine, Bowl Ban and Vacated Wins by NCAA
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. "These funds must be paid into an endowment for external programs preventing child sexual abuse or assisting victims and may not be used to fund such programs at the university," the NCAA said in statement. The career record of former head football coach Joe Paterno will reflect these vacated records, the statement continued. Penn State must also reduce 10 initial and 20 total scholarships each year for a four-year period, the release said. 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. "In the Penn State case, the results were perverse and unconscionable," Emmert said. "No price the NCAA can levy with repair the damage inflicted by Jerry Sandusky on his victims," he said, referring to the former Penn State defensive coordinator convicted of 45 counts of child sex abuse last month. The NCAA said the $60 million was equivalent to the average annual revenue of the football program.
Absolutely ridiculous. The fines, I understand. Vacated wins for more than 10 years, when this was not a football incident. You punish these players, for what reason? Not one of them or a former player had anything at all to do with what happened at PSU. This is not right. The NCAA should be ashamed for doing this.
I don't see it as punishing players at all. They're the unintended targets, but the punishment is directed at the school and Paterno. I have no problem with vacating wins.
It doesn't change anything for the players who won the games on the field in my book. Don't let it bother you. And if that's what we're worried about, the players' feelings, we're focused on the wrong goddamn things.
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Penn State Hit With $60M Fine, Bowl Ban and Vacated Wins by NCAA 
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