Found July 23, 2012 on isportsweb.com:
PLAYERS: Manti Te'o
TEAMS:
Today the NCAA announced the “non-death penalty” death penalty given to the Penn State football program, including a $60 million fine, a four year post-season bowl ban, all wins from 1998 to 2011 vacated, and a loss of 40 total scholarships for the next four years (10 per year). Included in that announcement was the fact that all current Penn State players will be allowed an immediate transfer without loss of eligibility or a waiting period, similar to the transfers they allowed to SMU players following the sanctions leveled on that program in the late 1980s. Also, all incoming recruits will be released from their National Letters of Intent. And, if verified, it is being reported that the NCAA is considering waiving scholarship limits to the programs in which athletes transfer to since most schools are already at or near their scholarship max. Ultimately, expect a majority of the current Penn State players are likely to jump ship, and most if not all current recruits will likely...
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