PENN STATE: It Just Keeps Getting Worse! $60 MILLION Fine and 4-Year Bowl Ban

Penn State University was just hit with a $60 million sanction by the NCAA for its role in covering up the Jerry Sandusky child rape scandal.   And it gets worse -- or better -- depending for whom you're rooting.  NCAA President Mark Emmert just announced ... PSU will be BANNED from bowl games for the next 4 years. The NCAA will also vacate all PSU football wins from 1998 to 2011.