Penn State Nittany Lions hit with $60 million fine, 4-year bowl ban, wins dating to 1998 – ESPN.
The NCAA has acted on the report from Louis Freeh, which outlines the role of Joe Paterno and other Penn State officials in covering up Coach Jerry Sandusky’s sexual abuse of boys.
With heretofore unheard of speed and severity, the NCAA has slapped the Penn State football team with a 60 million dollar fine, a collection of financially crippling sanctions, and redaction of Paterno’s wins since 1998. A former chairman of the committee on infractions has stated that the NCAA normally does not intervene in criminal matters involving college sports personnel.
Countless uninvolved parties will share in the burden and costs incurred by the actions of a select few individuals. Pharmer expects this 60 million dollar ruling to make the NCAA and many lawyers richer, while it makes students poorer.
Lawsuits by any affected parties, to appeal this ruling, are likely futile, because the University has admitted culpability and signed onto the consent decree of NCAA penalties with no objections and agreed that there would be no legal recourse.
