Sanctions issued for Penn State: A $60 million fine, which is equal to one year football revenue. This monies will be used to set up a charity to help victims of sexual abuse. No bowls for 4 years, scholarships reduced in the same for year period from 25 to 15. Players may transfer immediately and be eligible to play. NCAA also vacates all Penn State wins 1998-2011, which will make Bobby Bowden the winningest coach in NCAA Div I. The school is under probation for 5 years, and the NCAA reserves the right to investigate further once criminal proceedings have concluded.