Penn State Punished -- $60 MILLION Fine ... BANNED from Bowls

Penn State University was just hit with a $60 million sanction by the NCAA for its role in covering up the Jerry Sandusky child rape scandal. And it gets worse -- or better -- depending for whom you're rooting. NCAA President Mark Emmert just announced…

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Source: http://www.tmz.com/2012/07/23/penn-state-sanctions-ncaa-football-jerry-sandusky-punishment-fines-ban/

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