PENN STATE PUNISHED!

The NCAA has announced sanctions against Penn State's storied football program.

The sanctions include a four-year postseason ban, vacating of all wins from 1998 through 2011 and Penn State must reduce 10 initial and 20 total scholarships each for a four-year period.

In the wake of the Jerry Sandusky scandal, the NCAA has levied a $60 million fine on Penn State University on Monday as well as banning the team from the postseason for four years.

Along with the fine and postseason ban, the school must vacate all wins from 1998-2011, and scholarships will drop from 25 to 15 per year. The school will have a cap on scholarships at 65.

The school will be on probation for five years. The NCAA will have the power to continue investigating and impose further sanctions on individuals during that time.

http://tracking.si.com/2012/07/23/ncaa-penn-state-penalties/?sct=hp_t11_a0&eref=sihp