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Penn State removes statue of Joe Paterno

John Beale / AP

Workers handle the statue of former Penn State football coach Joe Paterno before removing the statue Sunday, July 22, in State College, Pa. The famed statue of Paterno was taken down from outside the Penn State football stadium Sunday, eliminating a key piece of the iconography surrounding the once-sainted football coach accused of burying child sex abuse allegations against a retired assistant.

Meanwhile, the NCAA said that that it would levy "corrective and punitive measures" against Penn State in the wake of the child sex-abuse scandal involving former football assistant coach Jerry Sandusky. The organization announced Sunday that it would spell out the sanctions on Monday but disclosed no details.

NCAA President Mark Emmert hasn't ruled out the possibility of shutting down the Penn State football program in the wake of the scandal, adding that he had "never seen anything as egregious."

-- Reported by the Associated Press

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Patrick Smith / Getty Images

A sign rests at the site in which the statue of former Penn State University football coach Joe Paterno stood sits empty after it was removed by workers outside Beaver Stadium on July 22, in State College, Pa. Penn State's president Rodney Erickson made the decision Sunday to remove the statue in the wake of the child sex scandal of former assistant football coach Jerry Sandusky.