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NCAA: $60 million fine for Penn State

NCAA: $60 million fine for Penn State

Calling it "a stark wake-up call to everyone involved in college sports," the National Collegiate Athletic Association announced a $60 million fine against Penn State University on Monday and stripped 14 seasons of football victories from late head coach Joe Paterno.

The victims

Sandusky's son fits pattern of other alleged victims

Penn State's legacy

Penn State review recasts story of football hero Paterno

The scandal

Sources: New Sandusky accusations date back to 1970s

Penn State culture

Photos: Paterno as Penn State coach

The trial

Jury finds Jerry Sandusky guilty on dozens of child sex abuse charges

The aftermath

Penn State faced 4-year 'death penalty'

The investigation

More storms looming for Penn State in wake of Freeh report

The administration

Ousted PSU president: I was abused

Watch CNN's coverage of the Penn State scandal

Penn State slapped with $60 million fine
Penn State slapped with $60 million fine
NCAA to hammer Penn State with sanctions
NCAA to hammer Penn State with sanctions
NCAA announces sanctions against PSU
NCAA announces sanctions against PSU
NCAA sees action as a responsibility
NCAA sees action as a responsibility
Bowden: I'm not rejoicing
Bowden: I'm not rejoicing
Penn State hit with $60 million fine
Penn State hit with $60 million fine
NCAA to penalize Penn State
NCAA to penalize Penn State
Wall around Paterno statue demolished
Wall around Paterno statue demolished
NCAA president: PSU fine goes to victims
NCAA president: PSU fine goes to victims
Tiki Barber: NCAA sanctions are 'harsh'
Tiki Barber: NCAA sanctions are 'harsh'
Emmert: It was the board's decision
Emmert: It was the board's decision
"Mike & Mike" on Penn State's sanctions
"Mike & Mike" on Penn State's sanctions