Penn State Fined $60M, 4-Yr Bowl Ban
On July - 23 - 2012
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STATE COLLEGE, Penn. — Saying it is “a stark wake-up call to everyone involved in college sports,” the National Collegiate Athletic Association announced a $60 million fine against Penn State University on Monday and took away 14 seasons of football victories from the late Joe Paterno. The school was also banned from the postseason for four years and will lose 20 football scholarships a year for four seasons, NCAA President Mark Emmert said. Emmert said the unprecedented fine will be paid over five years to fund programs that serve the victims of child sexual abuse. READ MORE HERE
https://www.nhgazette.com/2025/02/01/5m4tsca ---------------------------------------------
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