NCAA Hits Penn State With $60 Million Fine, Postseason Ban, Loss Of Scholarships And Wins AP/The Huffington Post | Posted: 07/23/2012 9:18 am Updated: 07/24/2012 3:46 am
One day after the statue of Joe Paterno was removed from outside of Beaver Stadium on the Penn State campus, NCAA President Mark Emmert announced sanctions resulting from the football program's role in the sexual abuse scandal involving former defensive coach Jerry Sandusky. On Sunday, the NCAA announced its intention to implement "corrective and punitive measures" against Penn State.
On Monday, Emmert presided over a press conference in Indianapolis and revealed sanctions, including a hefty fine, a postseason ban, and loss of scholarships and previous wins.
"Football will never again be placed ahead of educating, nurturing and protecting young people," Emmert said during a press conference that lasted approximately 45 minutes.
Penn State Punishments:
$60 million fine, representing approximately one year of football revenues. These funds will go to child sex abuse awareness programs.
4-year bowl game ban.
Scholarship reduction, cap lasting four years.
Any entering, returning football student athlete can transfer immediately. Presuming academic requirements are met, these potential transfers can play immediately.
PSU vacates all wins from 1998-2011. The loss of 111 career wins drops Joe Paterno from atop the all-time wins list to 12th.
PSU begins a five-year probationary period, with the NCAA reserving the right to implement further punishments.
The financial and scholarship sanctions are about what I expected, the "vacating" of wins, which really means re-writing the history books, is a joke.
The only examples I can think of re-writing history comes from the Nazis and Joseph Stalin... great company for the NCAA.
The vacating of regular season games does not punish the school in a financial sense, it is there just to deny Joe Paterno his coaching legacy...newsflash, he's dead.
What it does do for the players on those teams from 1998-2011 is to render their collegiate football careers as illegitimate.
The Hypocrisy of the NCAA is laughable.. on one side of their mouth, they say they want Penn State to get back to academics first and sports second.. on the other side of their mouth, they are organizing a national championship series for football that will earn 750 million dollars in its first year.
The NCAA officials have sh!t on their faces just like Penn State, although it may smell different. Either they don't care it's there, or they are stupid enough to think the public doesn't see it.
"Arguing with liberals is like playing chess with a pigeon; no matter how good I am at chess, the pigeon is just going to knock out the pieces, crap on the board, and strut around like it is victorious." - Author Unknown
Who gets the $60 Million? The victims I would hope.............yes?
When the INSANE are running the ASYLUM In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. -- Friedrich Nietzsche
“How fortunate for those in power that people never think.” Adolph Hitler
Who gets the $60 Million? The victims I would hope.............yes?
yes, they do,.. and probably millions more when they bankrupt the Paterno and Sandusky families..
"Arguing with liberals is like playing chess with a pigeon; no matter how good I am at chess, the pigeon is just going to knock out the pieces, crap on the board, and strut around like it is victorious." - Author Unknown
The vacating of regular season games does not punish the school in a financial sense, it is there just to deny Joe Paterno his coaching legacy...newsflash, he's dead.
What it does do for the players on those teams from 1998-2011 is to render their collegiate football careers as illegitimate.
The Hypocrisy of the NCAA is laughable.. on one side of their mouth, they say they want Penn State to get back to academics first and sports second.. on the other side of their mouth, they are organizing a national championship series for football that will earn 750 million dollars in its first year.
I agree 100%
When the INSANE are running the ASYLUM In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. -- Friedrich Nietzsche
“How fortunate for those in power that people never think.” Adolph Hitler
Who gets the $60 Million? The victims I would hope.............yes?
Quoted Text
The NCAA said the $60 million was equivalent to the average annual revenue of the football program. The NCAA ordered Penn State to pay the penalty funds into an endowment for "external programs preventing child sexual abuse or assisting victims and may not be used to fund such programs at the university."
They should have been fined $500 million dollars and forever banned from fielding a NCAA sports team again.
George Amedore & Christian Klueg for NYS Senate 2016 Pete Vroman for State Assembly 2016[/size][/color]
"For this is what America is all about. It is the uncrossed desert and the unclimbed ridge. It is the star that is not reached and the harvest that is sleeping in the unplowed ground." Lyndon Baines Johnson
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