— Penn State was fined $60 million, given a four-year bowl ban, and was forced to vacate all wins from 1998-2011 by the NCAA, it was announced Monday morning.
In severe punishments resulting from the Jerry Sandusky child sexual abuse scandal, the NCAA came down with these and other unprecedented sanctions.
The Nittany Lions football program has lost a significant number of scholarships over the next four years. The school will only be allowed 15 new players on scholarship each year for four years, down ten from the normal 25 allowed per year by the NCAA.
Penn State will only be allowed to keep 65 scholarship players on the roster each year, down 20 from the normal maximum of 85.
The program is now under five-year probation by the NCAA, and current Penn State players will be allowed to transfer without penalty and play immediately at their new schools.
The total number of wins vacated by Paterno is 111, which means he is no longer the career college football wins leader.