Unprecedented NCAA sanctions for Penn State

Penn State was hit with "unprecedented" sanctions by the NCAA that will reduce the national football powerhouse to near poverty and damage the program for many years to come. 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. That $60 million represents the income for an entire year for the football program. The number of scholarships Penn State can give will be cut by a third. And taking those victories away means that Joe Paterno is no longer the winningest coach in the history of college football: The NCAA said the $60 million was equivalent to the average annual revenue of the football program. The NCAA ordered Penn State to pay the penalty funds into an endowment for...(Read Full Post)