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.

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The NCAA also says it “reserves the right to impose additional sanctions on involved individuals at the conclusion of any criminal proceedings."

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