Jul 22, 2012

NCAA set to gut the Penn State football program Monday morning


ESPN is now reporting that the death penalty will not be the sanction levied against Penn State. But then comes this eerie statement from a NCAA source:
“NCAA president Mark Emmert has decided to punish Penn State with severe penalties likely to include a significant loss of scholarships and loss of multiple bowls, a source close to the decision told ESPN’s Joe Schad on Sunday morning.

But Penn State will not receive the so-called ‘death penalty’ that would have suspended the program for at least one year, the source said.

The penalties, however, are considered to be so harsh that the death penalty may have been preferable, the source said.”
Well, the NCAA seems hell bent on levying sanctions against the football program and the university that sources call “unprecedented.” It’s hard to imagine anything worse than the death penalty, which, when one thinks of the SMU situation, is not unprecedented, so we’re curious what these sanctions will involve, exactly.

We do know, however, that Emmert has been granted the power to use “non traditional methods” of punishment. Whatever that means. The decision will be announced tomorrow morning at 9:00 a.m.

I guess we can say goodbye to the Penn State football program as we know it. NCAA President Mark Emmert and the NCAA Executive Board is basically going to gut the program Monday morning. Rumors are the sanctions will be something like a 5 to 7 year bowl ban. A 5 to 7 year TV ban. A large number of scholarships taken away over 7 years.

So if you own a house in the State College area get ready for the value of your house to drop significantly during the next five years. If you are a small business owner you might as well close up shop now.

Considering the Freeh Report is basically garbage and has no concrete evidence of a cover up, I only hope that state officials step in at this point and challenge the NCAA on what can only be described as a sever overreach of NCAA authority. Considering the economic ramifications of these sanctions, residents of State College might want to obtain a lawyer and file a class action lawsuit against the NCAA.

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