The NCAA just released their penalties against Penn State due to the Sandusky sex abuse scandal and the findings of the Freeh report. Mark Emmert, President of the NCAA, reported on the sanctions at a live, televised press conference.
And while the sanctions are not the “death penalty,” Emmert states that they are “obviously very, very, very serious sanctions.”
Penn State Will Be Penalized With The Following:
- Fine of $60 million, the funds of which will be used to establish an endowment to help child abuse victims. Emmert said $60 million fine represents one year of gross football revenue. (However, sports reporter, Darren Rovell, reports that “PSU, in government filings for 2010-11, reported it was $73M”).
- Penn State football will be banned for all bowl games for 4 years.
- The number of scholarships will be reduced from 25 a year to 15 a year for the next four years.
- All Penn State victories will be vacated from 1998 – 2011 (that’s voiding 111 wins). Coach Joe Paterno’s record will reflect the vacated victories, which means his record will drop to 298. Paterno will no longer technically be the NCAA’s coach with the most wins – he won’t even make the top ten list; he’s now 12th.
- Penn State will be on a probationary period for five years, and they must work with an academic integrity monitoring.
And although Penn State had previously left the statue of football coach Joe Paterno up on campus, it has now been completely removed.