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http://news.blogs.cnn.com/2012/07/23/source-penn-state-to-be-hit-with-fines-in-excess-of-30-million/?hpt=hp_t1Monday, July 23, 2012
Penn State's wins since 1998 vacated, hit with $60M fine – CNN.com Blogs - Editor's note: The National Collegiate Athletic Association announced a $60 million fine against Penn State University on Monday and banned its football team from the postseason for four years. The school will also forfeit all football wins from 1998, NCAA President Mark Emmert said. That decision strips the late Joe Paterno of the title of winningest coach in major football college history.
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