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Penn State's NCAA Punishments Include Massive Scholarship Losses, Vacated Wins

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The NCAA released its sanctions for Penn State today: - Four-year postseason ban - $60 million fine - 10 scholarships lost first year, 20 every year after that for four years (more or less an entire roster worth of scholarships) - Vacation of all wins from 1998 through 2011 (meaning Joe - Paterno now ranks seventh among all D1 coaches in wins) Five years probation - Penn State players can transfer immediately without penalty The Big Ten could also release additional sanctions today. We'll have more later. Update: Only notable Big Ten penalties are that Penn State is ineligible for Big Ten Championship for four years and school will not receive bowl revenue share, which is about $13 million

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