Penn State’s penalties were announced today. $60 million fine. This will be placed directly to child sex abuse foundations and is equivalent to the gross earnings for one year of football.
4 year post season ban, with loss of scholarships for at least 4 years about 10 per year. Penn State players are allowed to transfer to any school and play right away.
Also all wins from 1998-2011 are vacated. The school didn’t get the Death Penalty, but this will hurt them and help child abuse as well.
We’ll see just how much this impacts Penn State in the coming weeks as players leave the school.