Shortly after Penn State tore down its famed statue of coach Joe Paterno, the NCAA said it would impose "corrective and punitive" sanctions against the university in the wake of a devastating report that asserted top university officials buried child sex abuse allegations against a retired assistant coach more than a decade ago.
The NCAA, acting with rare speed, said it will spell out the penalties on Monday. The governing body did not disclose further details.
If precedent holds from recent cases, Penn State will face a loss of scholarships and a multi-year ban from bowl games - and with it, the financial windfall and showcase that comes with postseason play.
Yet NCAA President Mark Emmert cautioned last week that he hasn't ruled out the possibility of shutting down the Penn State football program altogether, saying he had "never seen anything as egregious" as the Jerry Sandusky sex abuse scandal.