Penn State penalties: $60 million fine, 4-year bowl ban
INDIANAPOLIS — The NCAA on Monday hit Penn State with a $60 million fine, banned the football team from bowl games for four years and vacated all of its wins from 1998 to 2011 in the wake of the university’s child sex abuse scandal.
At a morning news conference, NCAA president Mark Emmert said Penn State will lose 10 initial football scholarships for new students, beginning in 2013-14. The number of total scholarships will be reduced from 85 to 65 for four years, beginning in 2014-15.
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