Penn State's O'Brien battling to keep team together Penn State coach Bill O'Brien said no current players have informed him of their intention to leave the program. Penn State loses one sponsor, others could follow State Farm is pulling its ads from Penn State football broadcasts, while General Motors is reconsidering its sponsorship deal and Wall Street is threatening to downgrade the school's credit rating, suggesting the price of the sexual abuse scandal could go well beyond the $60 million fine and other penalties imposed by the NCAA. Penn State slammed with NCAA sanctions Penn State slammed with NCAA sanctions Associated Press Copyright 2012 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Updated 01:48 p.m., Monday, July 23, 2012 INDIANAPOLIS (AP) — Penn State football was all but leveled Monday by an NCAA ruling that wiped away 14 years of coach Joe Paterno's victories and imposed a mountain of ... NCAA sanctions Penn State for Sandusky scandal (Reuters) - The governing body of U.S. college sports on Monday fined Penn State University $60 million and voided its football victories for the past 14 seasons in an unprecedented rebuke for the school's failure to stop coach Jerry Sandusky's sexual abuse of children. NCAA President Mark Emmert said the school had put "hero worship and winning at all costs" ahead of integrity, honesty and ... State Farm pulls ads from Penn State broadcasts State Farm is pulling its ads from Penn State football broadcasts, while General Motors is reconsidering its sponsorship deal and Wall Street is threatening to downgrade the school's credit rating, suggesting the price of the sexual abuse scandal could go well beyond the $60 million fine and other penalties imposed by the NCAA. The Learning Network Blog: 6 Q's About the News | Penn State Penalized Who announced significant penalties against Penn State and its football program Monday, including a $60 million fine and a four-year postseason ban? Can Penn State's hometown survive NCAA sanctions? Many in this leafy, vibrant college town nicknamed "Happy Valley" worry the temporary evisceration of Penn State's football program might inflict similar damage on a community that, for years, thrived as fans flocked to home games at the massive football stadium and a far-flung alumni base stayed connected by loyalty — and by checkbook. State Farm won't sponsor Penn State, others could follow State Farm is pulling its ads from Penn State football broadcasts, while General Motors is reconsidering its sponsorship deal and Wall Street is threatening to downgrade the school's credit rating, suggesting the price of the sexual abuse scandal could go well beyond the $60 million fine and other penalties imposed by the NCAA. Glance: NCAA slams Penn State and fines it $60M The football program at Penn State was all but leveled by penalties handed down for its handling of the allegations against former assistant football coach Jerry Sandusky, who molested several boys over a period of 15 years. Penn State loses State Farm as sponsor; GM reconsidering deal State Farm is pulling its ads from Penn State football broadcasts, while General Motors is reconsidering its sponsorship deal and Wall Street is threatening to downgrade the school's credit rating, suggesting the price of the sexual abuse scandal could go well beyond the $60 million fine and other penalties imposed by the NCAA.
Key Words: Penn State
References:
http://www.indystar.com/article/20120723/SPORTS15/207230335
http://www.utsandiego.com/news/2012/jul/13/dont-keep-talk-of-abuse-in-shadows/
http://www.startribune.com/nation/163395556.html
http://www.buckeyextra.com/content/stories/2012/07/17/0717-death-penalty-possible-for-penn-state.html
http://www.buckeyextra.com/content/stories/2012/07/23/0723-ncaa-takes-action-against-penn-state.html
http://www.buckeyextra.com/content/stories/2012/07/22/Statue-of-famed-Penn-St-coach-Paterno-taken-down.html
http://hosted2.ap.org/CAANR/APSports/Article_2012-07-23-Penn%2520State-Abuse/id-8f6ff0a2933b4a438322cf11cf511a99
http://www.indystar.com/article/20120712/NEWS02/120712004
http://www.indystar.com/article/20120713/NEWS02/120713003
http://dailyherald.com/article/20120723/news/707239836/
http://www.dispatch.com/content/stories/sports/2012/07/12/0712-penn-state-report.html
http://www.dispatch.com/content/stories/local/2012/07/13/sex-abuse-findings-castigate-penn-state-leaders.html
http://dailyherald.com/article/20120712/sports/707129910/
http://www.startribune.com/nation/160946175.html
http://pixelhat.net/
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