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July 23rd, 2012
01:05 PM ET

NCAA to hammer Penn State with sanctions – Susan Candiotti explains

As the Paterno statue is removed from outside Beaver Stadium, new disciplinary actions threaten the football community of Penn State. A source close to the case tells CNN the NCAA is set to punish the university with sanctions based on the findings of the Freeh report. The "significant, unprecedented penalties" will include fines of more than $30 million dollars and the loss of a number of scholarships.

While not divulging specifics, the source said, "The penalties go well beyond the loss of a scholarship or not being able to go to a bowl game." Susan Candiotti reports.

Filed under: College • Crime • Jerry Sandusky • Penn State scandal
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