Monday, July 23, 2012

PENN STATE TAKES IT IN THE WIN COLUMN WALLET


Joe Paterno no longer is the winningest major college football coach in history.


The NCAA took unprecedented actions against Penn State on Monday in response to the Jerry Sandusky child sexual molestation scandal, fining the school $60 million, cutting scholarships for four years, imposing a four-year postseason ban and vacating all wins from 1998-2011.

The $60 million fine, which NCAA president Mark Emmert said equaled one year of gross revenue from the football team, will be used to establish an endowment to help child sexual abuse victims.
"No price the NCAA can levy with repair the damage inflicted by Jerry Sandusky on his victims," Emmert said.

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