Sanctions handed down to Penn State:
$60 million fine: Paid over five years. Money will go to an endowment for “programs preventing child sexual abuse and/or assisting the victims of child sexual abuse.” The NCAA specified that Penn State cannot cut other sports programs or scholarships to pay this penalty.
Vacated wins: Every Penn State win from 1998-2011 has been vacated. Joe Paterno, who lost 111 wins, no longer has the record for most coaching wins in major college football. The school lost 112 wins.
Loss of 20 scholarships a season for four years: For next season and through the 2016 season, Penn State can only sign 15 recruits a year. Most teams can sign 25. Starting with the 2014 season, the Nittany Lions can have only 65 players on scholarship until after the 2017 season. The usual scholarship limit for major college teams is 85.
Waiver of transfer rules: Players are released from their commitment to Penn State and immediately eligible to transfer without having to sit out a year. Additionally, football players who wish to continue their education without playing football may keep their scholarships as long as they meet academic requirements.
Four-year postseason ban: Penn State can’t play in a bowl game, the Big Ten championship game or the college football playoff for the national championship until after the 2016 season.
Consent decree: Penn State and the NCAA agreed that the university will follow a number of conditions and requirements, which were recommendations in the Freeh Report:
•Hire an independent monitor of the athletic department who will report to the NCAA, the Big Ten and the Penn State Board of Trustees quarterly on the school’s progress and make recommendations to help implement the terms of the agreement. The selection of the monitor will be done by the NCAA, in consultation with the Big Ten and the university.
•Appoint a compliance officer and have him or her lead a council of faculty and senior administrators that will oversee ethical and legal matters.
•Create a hotline for anonymous questions or disclosure of issues regarding athletic department and NCAA issues.
•Provide yearly training on “issues of ethics, civility, standards of conduct and reporting of violations.”
Possible individual sanctions: The NCAA reserved the right to impose additional penalties on individuals after the conclusion of any criminal proceedings.
Loss of bowl revenue: Penn State’s cut of the conference’s shared bowl revenue – it estimates about $13 million over four years – will instead be donated to “established charitable organizations in Big Ten communities dedicated to the protection of children.”