Posted on HawkeyeNation.comThe NCAA came down harshly on Penn State's football program Monday, taking unprecedented steps in punishing a member institution for the willing conceit and cover up related to a serial child rapist in their midst. Here are the key aspects of the NCAA's penalties:
-$60 million dollar fine
-Four year post season ban, including bowls and Big Ten title game appearances
-loss of 10 scholarships per year for the next four years
-Players can immediately transfer without having to sit out a year and 'receiving' schools can go over the 85 scholarship limit this year to bring them into their programs. After this year, those programs who brought in Penn State players would need to fit them in under their 85 scholarship maximum.
The Big Ten will also not give Penn State it's bowl revenue share for four years, instead donating the revenues to charitable organizations. This will be around $13 million dollars.
I think this was actually a fairly brilliant move by the NCAA to protect the players at PSU. They aren't making them sit out. There aren't many open schollies for the upcoming year so letting teams go over the limit for PSU kids is also fairly generous to the players. It's a huge hit to PSU though.