NEW YORK — One of the most successful and lucrative US college football teams was slapped Monday with a heavy fine and a four-year ban from postseason play after a top coach was found guilty of child sex abuse.
The National Collegiate Athletic Association, the governing body for US college sports, said that the severe punishment was merited due to leadership failures and a warped team culture revealed by the scandal.
The team must pay a $60 million fine -- equivalent to one year's income -- and it will be banned from postseason bowl games for four years.
Also the official record from 1998 through 2001 will be altered to remove Penn State's many victories, The recently deceased head coach, Joe Paterno, had before been lauded as the coach with the most all-time wins.
Paterno was never charged, but he was seen as part of a failure by university management to respond to indications that an assistant coach, Jerry Sandusky, was flagrantly abusing children for years.
Sandusky is behind bars awaiting sentencing after being convicted last month of molesting 10 boys during a 15-year period.