by J. Camm on July 23, 2012

  • $60M fine.
  • 4-year football postseason ban.
  • PSU will vacate all wins from 1998 to 2011.
  • Scholarships will be reduced from 25 to 15 for the next four years.
  • Any student-athlete can transfer and play immediately or athletes can choose to stay at PSU and keep scholarship (without playing).
  • The University Athletic program is on a 5-year probation. 

In case you didn't catch it, vacating all those wins means that Bobby Bowden is now college football's most winningest coach. Thoughts? Reaction? Discuss in the comments.