INDIANAPOLIS (AP) – The Big Ten says Penn State will not be allowed to share in the conference’s bowl revenues while it is banned from the postseason by the NCAA.

     The Big Ten announced its own sanctions against Penn State about two hours after the NCAA handed down crippling penalties against the Nittany Lions football program.

 
     The sanctions by the governing body of college sports, which
capped eight months of turmoil on the central Pennsylvania campus,
stopped short of delivering the “death penalty” of shutting down
the sport.

But the NCAA hit Penn State with $60 million in fines, ordered it out of the postseason for four years, and will cap scholarships at 20 below the normal limit for four years.

 It’s all fallout from the case of Jerry Sandusky, the former Penn State assistant coach who is awaiting sentencing after being found guilty of child molestation charges.
     
The family of former Penn State football coach Joe Paterno says in a statement that the harsh sanctions handed Penn State by the NCAA defamed the coach’s legacy, and are a panicked response to the sex abuse scandal.

The family also says that punishing “past, present and future” students
because of Jerry Sandusky’s crimes did not serve justice.

As Penn State awaited its fate, construction workers took down the larger-than-life monument to its Hall of Fame coach — on the six-month anniversary of his death at age 85.

The bronze statue, weighing more than 900 pounds, was erected in 2001 in honor of Paterno’s record-setting 324th Division I coaching victory and his “contributions to the university.”

Students chanted, “We are Penn State” as it came down Sunday morning.