NCAA Smacks Penn State: $60M fine, Paterno’s wins stripped since ’98

The NCAA backhanded Penn State across the face today, wielding harsh and unprecedented punishment over the Jerry Sandusky child rape scandal coverup. It fined the school $60 million, imposed a four-year postseason ban (no bowl games), vacated the football team’s wins from 1998 to 2011, and slashed annual scholarships from 25 to 15 for the next four years.

Paterno had been No. 3 all-time with 409 wins.

The fine must be paid “into an endowment for external programs preventing child sexual abuse or assisting victims and may not be used to fund such programs at the university.”

Penn State was fully cooperative.

Over the weekend, the school removed the statue of once-revered Penn State coaching icon Joe Paterno, who was exposed as an evil fraud by the recent report detailing his failure to stop his buddy Sandusky from raping children.

Is the penalty fair? Too much or too little? Let us know in the comment section.