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Old 07-23-2012, 08:33 AM   #1655
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The NCAA has hit Penn State with a $60 million sanction, a four-year football postseason ban and a vacation of all wins dating to 1998, the organization announced Monday morning in a news release. ...

Penn State must also reduce 10 initial and 20 total scholarships each year for a four-year period, the release said.
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