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 statue
6 / 10
REUTERS/Pat Little

That means Joe Paterno is no longer considered the winningest coach in college football history. Former Florida State coach Bobby Bowden now has the most wins, and former Grambling coach Eddie Robinson has the most Division I wins, according to ESPN.

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