After the NCAA announced sanctions against Penn State, the Big 10 conference took its turn.

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Chair of the Big 10 Council of Presidents, Sally Mason, says the school will be ineligible for conference postseason play over the next four years. "It will therefore be ineligible to receive its share of Big 10 Conference bowl revenues over those same four years. That money, which we estimate to be approximately 13 million dollars, will be donated to established charitable organizations in Big 10 communities and states that are dedicated to the protection of children."

Big 10 Chair Jim Delany says the conference agrees with the NCAA that the Penn State scandal is worthy of the punishment. "It's as damaging as any set of actions or activities that I've been involved with in my 33 years as a commissioner. I accept that as fact, but I also believe that there is an opportunity, a hope, for redemption, improvement and resilience."

Delany says the conference will look at the NCAA freedom of transfer declaration for Penn St. football players, as it pertains to other Big 10 schools. "Our first inclination is to allow those students to have the most amount of freedom and flexibility if they choose to transfer. And so I think on first blush our orientation would be to support as much freedom as possible for those students."

Delany says the conference does not have plans to re-align divisions in the wake of the sanctions.

The school now faces a total of $73 million in fines, the Penn State football program revenue for 2010 was $70.2 million.