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07-23-2012, 08:29 AM
  #44
Konstantin Koltsov
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Join Date: May 2010
Location: PA
Country: United States
Posts: 2,194
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PSU sanctions/penalties:
$60 million fine - funds for endowment to serve victims of child sexual abuse
Banned from bowl games and postseason for 4 years.
Initial scholarships reduced from 25 to 15 per year for 4 years.
Vacates all wins from 1998-2011.
5-year probationary period for entire university athletic program
Reserving the right to initiate a formal investigation to impose sanctions on individuals.
An NCAA-appointed monitor will oversee things at Penn State during the probationary period.

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