Sanctions against Penn State

POSTED: 07:58 AM PDT Jul 23, 2012    UPDATED: 08:22 AM PDT Jul 23, 2012 
School fined $60m, banned from bowl games for 4 years

The NCAA imposed severe sanctions on Penn State Monday morning in light of the child abuse scandal and alleged cover-up that has rocked the university and its football program.

Joe Paterno
5 / 10
Scott Audette/Reuters

The vacation of all wins from 1998 through 2011, meaning 111 wins under Joe Paterno have been struck from the record, according the AP.

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