According to this report by Reuters, the NCAA has hit Penn State, their football program, and what is left of the "Paterno Legacy" with penalties which will leave it reeling for years to come.
The school has been hit with a $60 million fine.
The football program has been banned from post-season bowl games for the next four years.
The number of football scholarships they will have to offer during that time has been reduced from 25 to 15.
And all of PSU's football victories for the last 14 years have been voided, taking the title of "winningest football coach of all time" from Paterno himself.
Let's discuss what this means to PSU when we meet again on the other side of the penalty flag.
The fine is enormous, even to a school as fabulously wealthy as PSU. Some folks think that their rich alumni will help to mitigate the impact of it, but I'm wondering how many rich people will want to throw their money down a rat hole like that.
Without the possibility of a bowl game and the resulting possibility of a National Championship for the next four years, PSU's recruiting is going to suffer enormously.
With only 15 scholarships to offer, those who do choose PSU may not get the financial help they need and could very well end up at other schools.
Having the victories voided does nothing to the school itself nor does it diminish the accomplishments of those who played in those games. This was the only penalty that could have any impact on Paterno directly.
If you read the article, the Paterno family has reacted with predictable vinegar.
Let's chat about this now. Be adults!