For anyone that wants to talk about it...
Full release is here: http://www.courant.com/sports/hc-ncaa-penn-state-release-20120723,0,3754...
- $60 million fine
- Four-year bowl/postseason ban
- Reduce 10 initial and 20 total scholarships each year for a four-year period
- Wins from 1998-2011 vacated
- Five years probation
- Penn State players can transfer immediately eligible if in good academic standing
To further integrate the athletics department into the university, Penn State will be required to enter into an “Athletics Integrity Agreement” with the NCAA. It also must adopt all Freeh Report recommendations and appoint an independent, NCAA-selected Athletics Integrity Monitor, who will oversee compliance with the agreement.
The B1G will release its decision as well today.
big ten also coming out with own decisions on psu today— Dick Weiss (@NYDNDickWeiss) July 23, 2012