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Penn State students react to crippling NCAA sanctions

Gene J. Puskar / AP

Laura Lovins, center, a Penn State University sophomore from State College, Pa., reacts while watching a television on the main campus as the NCAA sanctions against the school's football program were announced July 23.

Penn State fans, students, faculty and alumni reacted Monday to crippling NCAA sanctions levied against the school’s football team.

Ed Ray and Mark Emmert of the National Collegiate Athletic Association hold a press conference to discuss measures against for Penn State University's football program in the wake the Jerry Sandusky sex abuse scandal.

NBC News reports: The fines and loss in revenue totaling roughly $73 million — a $60 million fine from the NCAA and the loss of $13 million in Big Ten bowl revenue, all of which will go to charities to benefit victims of child sex abuse — as well as the four-year bowl ban drew a majority of the headlines, but it was two other provisions in the sanctions that have the potential to damage the Nittany Lions for the long haul.

First and foremost, the Nittany Lions were stripped of dozens of scholarships, beginning next year, over the next four years, as well as a cap on the number of scholarship players on its roster beginning in 2014.