HispanicBusiness

Penn State Sanctioned by NCAA. The much respected Penn State football program has been dealt a huge blow today as the NCAA has announced their penalty for attempting to cover up Jerry Sandusky's criminal actions. Penn State's former head coach Joe Paterno was stripped of his wins dating back to 1998. Paterno was found to directly interfere with the investigation of the Sandusky case and to help prevent the release of the information. In addition, the program is now on five-year probation with scholarships reduced from twenty to fifteen for a period covering five-years. There will be six bowl wins and two Big Ten Conference Championships erased. The University has been fined 60-million dollars and will endure a four-year post-season ban. As Head Coach, Paterno held the NCAA record for the most wins at 409 in his 46-years of coaching. Current Penn State players may now transfer to other schools pending they meet NCAA requirements.