Proposed Settlement To Restore Penn State's Vacated Wins
PHILADELPHIA (CBS) --- The NCAA has reached a proposed settlement with Pennsylvania State officials on Friday, regarding the NCAA's sanctions against Penn State University for its role in allowing child sexual abuse to occur on campus.
The settlement, if agreed upon, will restore Penn State's victories from 1998-2011, among other things.
The proposed settlement agreement with the NCAA, university and state officials restores Penn State's vacated wins from 1998 through 2011.
— NCAA (@NCAA) January 16, 2015
According to NCAA.org, subject to board approval from Penn State and the NCAA:
"Penn State agrees to commit a total of $60 million to activities and programs for the prevention of child sexual abuse and the treatment of victims of child sexual abuse.
"Penn State acknowledges the NCAA's legitimate and good faith interest and concern regarding the Jerry Sandusky matter.
"Penn State and the NCAA will enter into a new Athletics Integrity Agreement that (with concurrence of the Big Ten) includes best practices with which the university is committed to comply and that provides for the university to continue to retain the services of Sen. George Mitchell and his firm to support the university's activities under the Athletics Integrity Agreement and in the areas of compliance, ethics and integrity.
Full story here.
Paterno family's statement here.