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Penn State had an endowment of $1.83 billion in September of 2011. It's probably close to $2 billion by now. $60 million is nothing.
Here's what USC was hit with a couple of years ago, for violations that pale by comparison to PSU's sordid mess:
Loss of 10 scholarships/year for 3 years.
Forfeiture of the 2004 BCS Championship, and loss of its 2005 season's wins.
2 year post-season ban.
4 years of Probation.
Put the $60 million fine aside, and the real penalties, the ones that will sting the most, aren't much worse.
Taking away Paterno's wins is largely symbolic. As is taking away any school's wins when they're sanctioned.
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