*(Via Chicago Tribune) – 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 football scholarships initially and gradually be reduced by another 10, dropping their total to 65 for the 2013-14 school year.
Like EURweb on Facebook
All of Penn State’s victories from 1998 through 2011 will be vacated. Coach Joe Paterno’s record will reflect the vacated victories, meaning he no longer will be recognized as the NCAA’s all-time winningest coach.
The $60 million in fines will go toward a fund for victims of child abuse. Penn State also will be placed on probation for five years.The Big Ten has scheduled a teleconference for 10 a.m. CT to announce conference sanctions.
Read/learn more at Chicago Tribune.
Want to read more articles like this one? Subscribe to EURnewsletter.
Got A News Tip or Video You Want to Share? Contact us HERE.
- K. Michelle: Ex Lance Stephenson’s Rant Against Her Was From Hacker
- Derek Fisher Vacations with Matt Barnes Ex Gloria Govan After Knicks Boot
- Kanye West Claims Taylor Swift Gave ‘B*tch’ Lyric Her Blessing
- Nick Cannon and Stevie J Deny Acrimony During ‘Wild ‘N Out’ Taping
- $188 Million Powerball Winner, Marie Holmes, Allegedly Being Sued by Local Pastor
- Camille Cosby Must Give Deposition in Bill Cosby's Sexual Assault Case ... with Limits
- Lamar Odom's First Public Appearance is Kanye’s 'Yeezy Season 3' Show
- Va. Parents Mad As Heck Over White Guilt Video About 'Unequal Opportunity'
- TrOyMan: Back Again with New EP & Single
- 'RACE' Kicks Off NBA All Star Weekend 2016 with Red Carpet Screening (PHOTOS)
- Discover More Stories on EURweb: Click Here