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Sanctions against Penn State

Published On: Jul 23 2012 07:58:30 AM PDT   Updated On: Jul 23 2012 08:22:00 AM PDT
School fined $60m, banned from bowl games for 4 years

The NCAA imposed severe sanctions on Penn State Monday morning in light of the child abuse scandal and alleged cover-up that has rocked the university and its football program.

dollar bills, money
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A $60 million fine. According to the NCAA, that amount is “equivalent to the average gross annual revenue of the football program.”

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