The NCAA has sanctioned Penn State by consent decree, fining them $60 million, banning them from post-season games for four years, and vacating 111 of Paterno's wins (1998-2011) from the official records. The Big Ten conference imposed separate penalties also
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The adulation was due to the belief, otherwise seemingly justified, that Paterno ran a clean program in which players actually attended classes and graduated and that he was down-to-earth and humble -- he lived in an unassuming rambler his entire tenure and walked home from games. It's terrible that after 1998, this was built on willfully ignoring Sandusky's criminality.
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I think the punishment is necessary, if only as a symbolic message that this kind of shit is Not Cool and has real consequences.
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The NCAA was in a position to impose a monetary penalty so that in the future, other schools might not be as apt to make the same mistake.
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