I'm guessing that if Penn St doesn't want to be a part of the NCAA anymore (their choice) then the NCAA's penalties mean nothing. But since they want to be members of the NCAA, that organization has the right to penalize them as they see fit. Paterno and his "superiors" covered up these terrible crimes in order to safeguard the football program. Anything that occured after the point were the coverup began certainly affected the wins and losses, recruiting, and revenue of the program....and the NCAA is the governing body (a governing body that Penn State is a willing member of) for all of those things. Paterno and his bosses obviously believed publicity about the crimes would have hurt the program, otherwise there would have been no coverup.
At least on first glance this penalty seems very appropriate.





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