Advertisement

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.

Money
3 / 10

That $60 million fine, which according to a statement from the school given to CNN will be paid in $12 million installments over five years, will be paid into an endowment funding child abuse prevention and support programs outside the university.

Advertisement

E-News Registration

Advertisement

Multimedia