Penn State sanctions
$60 million fine
Vacation of wins from 1998-2011 (112 wins)*
Four-year postseason ban
Players may transfer and play immediately at other schools
Athletic department on probation for five years
* Joe Paterno record now 298-136-3; fifth on FBS all-time list
Other FBS Programs To Receive At Least a 3-Year Postseason Ban Since 1960 School Year Length Indiana 1960 4 years Improper recruiting inducements Oklahoma St. 1989 3 years Improper financial aid, extra benefits Michigan St. 1976 3 years Extra benefits, improper recruiting entertainment Houston 1966 3 years Extra benefits, improper recruiting entertainment -- Source: NCAA Major Infractions Database