The NCAA Sanctions Penn State With Giant Fine, Vacated Wins, Bowl Ban, And More

The punishment is severe, but is it severe enough?

PAT LITTLE / Reuters

Note: Current Penn State players will be allowed to transfer and play immediately rather than having to take the customary year off.

Update: The Big Ten Sanctions PSU As Well

•Penn State will not receive its share of the conference's bowl revenue for the next four years. The money will instead go to charity.

•Penn State will be ineligible for the Big Ten Championship game during that period.