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NCAA fines Penn State $60M, issues 4-year bowl ban
 
The late Penn State football coach Joe Paterno after a 1974 win: Despite his record-setting 409 victories, the beloved coach's reputation may be forever tainted by a sex-abuse scandal that unfolded on his watch.
The late Penn State football coach Joe Paterno after a 1974 win: Despite his record-setting 409 victories, the beloved coach's reputation may be forever tainted by a sex-abuse scandal that unfolded on his watch.
Bettmann/Corbis

The NCAA delivered a series of severe blows to Penn State and its football program Monday, condemning the actions of university officials in the child sex-abuse scandal involving former assistant coach Jerry Sandusky. The governing body of college sports held a news conference Monday morning during which NCAA President Mark Emmert announced Penn State will be banned from bowl games for four years, will lose 10 football scholarships per year for four years, and must pay $60 million in fines, which will go toward a fund for victims of child abuse. In addition to being placed on probation for five years, Penn State will be forced to give up all wins from 1998 through 2011, a total of 112 victories, which means the late coach Joe Paterno will no longer technically be the NCAA's all-time winningest coach. 

 

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