NCAA could fine Penn State as much as $60M

Posted in the Columbus Forum

Enzyte Bob

Columbus, OH

#1 Jul 22, 2012
The NCAA will fine Penn State at least $30 million and perhaps as much as $60 million for its involvement in the Jerry Sandusky scandal, industry sources told CBSSports.com 's Brett McMurphy.

The record fine will go toward an endowment for children's causes, sources said.

"This is a fine like no fine before," an industry source told CBSSports.com .

CBSSports.com 's Dennis Dodd has reported Penn State will face "significant penalties that could severely damage the football program's ability to compete" when the NCAA announces sanctions against the football program at a 9 a.m. news conference Monday.

To put the fine in perspective, Penn State's athletic department had $116 million in revenue for the 2010-11 school year, the most recent data available according to figures from the U.S. Department of Education's Equity in Athletics.

A source told CBS News correspondent Armen Keteyian that Penn State will suffer "unprecedented" punishment for its collective failure to report Sandusky, recently convicted on 45 counts of sexual abuse, to the proper authorities.

"I've never seen anything like it," the source told Keteyian, indicating that both the football program and the school itself would face sanctions.

Per Dodd, a person with knowledge of the process said there is a way to impact Penn State's competitive ability in football without applying the so-called “death penalty.” That term could be mere semantics by the time the NCAA sanctions are announced according to a source. Penn State, the source said, may prefer the death penalty.

A source confirmed for CBSSports.com that there are indications the penalties could be so unique they would be different than any previously applied by the NCAA. They could last beyond one season.

David Jones of the Patriot-News reported that regardless of the severity of the sanctions, "they will not be appealed or substantively challenged." According to Jones, the university is "desirous of a positive relationship with the NCAA in the future" and won't jeopardize that relationship with an appeal.

http://www.cbssports.com/collegefootball/blog...
Enzyte Bob

Columbus, OH

#2 Jul 22, 2012
The NCAA has no authority to do this by the way. None, zero.

But so long as the taxpayers are on the hook, who cares? Bad PR is what we care about.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Columbus Discussions

Title Updated Last By Comments
COPS lives MATTER 14 min Neutral Party 126
Police ID man found fatally stabbed in North Si... 18 min now hey 4
Is Barack Obama Doing a Good Job as President? (Aug '13) 24 min Neutral Party 4,911
Joe Cocker is dead. 1 hr Duke for Mayor 47
Man found guilty in East Side murder case | The... (May '11) 1 hr White cop 28
End of Life on Earth 2 hr They cannot kill ... 20
Another Night Another Police Shooting 2 hr rayshistical 12
2 magical days until Christmas 4 hr Big Papa Tea 55
New Michael Brown song 5 hr Pope Che Reagan C... 21
Columbus Dating
Find my Match
More from around the web

Columbus People Search

Addresses and phone numbers for FREE

Columbus News, Events & Info

Click for news, events and info in Columbus

Personal Finance

Mortgages [ See current mortgage rates ]

NFL Latest News

Updated 10:45 am PST

NFL10:45AM
One Preview: Steelers could ride 'Triplets' to division title
ESPN10:56 AM
Pettine: Manziel will get chance to compete
NBC Sports11:18 AM
Rookie Shaw excited about chance to start for Browns - NBC Sports
NFL11:45 AM
Injury roundup: A.J. Green misses Bengals practice
NBC Sports 1:46 PM
Mike Pettine: Our first-round picks aren't busts