Penn State University learned its fate Monday morning as NCAA president Mark Emmert revealed the penalties it will imposed on the school in a live press conference.
Penn State received a four-year football postseason ban, a $60 million fine and loss of scholarships. Additional penalties include vacation of wins from 1998-2011 and five years probation. The bowl ban is the longest in college football history since Indiana in 1960.
Current Penn State football players will be able to transfer, become immediately eligible at the transfer school of choice and don't have to play as long as they are academically eligible.
The loss of wins will be noted on the late Joe Paterno's record and will immediately make the late Grambling coach Eddie Robinson the winningest coach in Division I history and former Florida State head coach Bobby Bowden the winningest coach in FBS history with 377 wins.
NCAA says that Penn State perpetuated a "football first" culture that must change. On Sunday, construction crews removed the statue of Joe Paterno from outside Beaver Stadium after days of protest.
Penn State has signed an agreement with the NCAA to accept these penalties.
Jerry Sandusky was convicted on 45 of 48 charges in the sex abuse case last month and faces a minimum sentence of 60 years in prison.
Monday, July 23, 2012
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