Pennsylvania State University was fined $60 million as college sports’ governing body penalized the school for its handling of a child sex-abuse case involving assistant coach Jerry Sandusky. It avoided the stiffest punishment, a shutdown of the football program that was at the center of the scandal. The school also was stripped of all its wins from 1998 through 2011, barred from postseason games for four years and lost 20 total scholarships annually for four seasons, according to a release from the National Collegiate Athletic Association.
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