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The NCAA has just announced the penalties it will impose on the Penn State football program in the continuing fallout from the Jerry Sandusky child molestation case. The NCAA has levied the following penalties on the program:

1.  Penn State University will be fined $60 million dollars, or equivalent to a year’s worth of revenue from the football program.  

2.  Penn State football will not be eligible for postseason bowls for four years.  (also all current players are eligible to transfer to other schools without having to sit out the normal period of one season)

3.  The football program will forfeit 10 scholarships per year for the next five years

4.   Penn State is also required to vacate ALL wins from 1998-2011 (former Grambling head coach Eddie Robinson is now once again the all time leader in wins for a college coach)

5.  The program is also on probation for 5 years

This scandal may go down as the worst in college sports history.  Sandusky was convicted of 45 counts of child sexual abuse last month and faces life in prison.  A recent report stated that many leaders at Penn State, including head coach Joe Paterno, failed to act properly to stop and/or report the unthinkable actions of Sandusky who served as the Defensive Coordinator under Paterno for several years.

The statue of Joe Paterno that stood in front of the Penn State football stadium and the quote from Joe, that was etched behind it were removed over the weekend.

Follow me on Twitter: @MattMyers_Onair