NCAA statement on sanctions of Penn State football

"As we evaluated the situation, the victims affected by Jerry Sandusky and the efforts by many to conceal his crimes informed our actions," said Emmert. "At our core, we are educators. Penn State leadership lost sight of that."

According to the NCAA conclusions and sanctions, the Freeh Report "presents an unprecedented failure of institutional integrity leading to a culture in which a football program was held in higher esteem than the values of the institution, the values of the NCAA, the values of higher education, and most disturbingly the values of human decency."

As a result, the NCAA imposed a $60 million sanction on the university, which is equivalent to the average gross annual revenue of the football program. These funds must be paid into an endowment for external programs preventing child sexual abuse or assisting victims and may not be used to fund such programs at the university.

The sanctions also include a four-year football postseason ban and a vacation of all wins from 1998 through 2011. The career record of former head football coach Joe Paterno will reflect these vacated records. Penn State must also reduce 10 initial and 20 total scholarships each year for a four-year period. In addition, the NCAA reserves the right to impose additional sanctions on involved individuals at the conclusion of any criminal proceedings.

The NCAA recognizes that student-athletes are not responsible for these events and worked to minimize the impact of its sanctions on current and incoming football student-athletes. Any entering or returning student-athlete will be allowed to immediately transfer and compete at another school. Further, any football student-athletes who remain at the university may retain their scholarships, regardless of whether they compete on the team.

To further integrate the athletics department into the university, Penn State will be required to enter into an "Athletics Integrity Agreement" with the NCAA. It also must adopt all Freeh Report recommendations and appoint an independent, NCAA-selected Athletics Integrity Monitor, who will oversee compliance with the agreement.