The NCAA has imposed a $60 million penalty and vacated all of the school's wins from 1998 to 2011. The $60 million is going to found a fund to compensate victims; the $60 million isn't in addition to whatever settlements come against the school or its officials.
Let that sink in a moment.
Penn State's fine is equal to one year's revenues from the football program.
The schools wins are vacated
Monday, 23 July 2012
NCAA Imposes $60 Million "Fine" And Other Penalties on Penn State
Posted on 07:50 by Unknown
Posted in crimes and misdemeanors, Jerry Sandusky, Joe Paterno, NCAA, Penn State, sexual abuse
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