Emmert: Settlement with Penn State was to free fine money
OXON HILL, Md. (AP) - NCAA President Mark Emmert says the association agreed to a settlement with Penn State to ensure that $60 million in fines paid by the school could finally be distributed to victims of sexual abuse.
Emmert added Friday that the settlement was not an acknowledgement the NCAA overreached by getting involved in the Jerry Sandusky child-molestation case.
The NCAA announced the settlement before a scheduled trial on the legality of the 2012 consent decree it will replace.
The settlement also restores 112 football victories that had been vacated as part of the penalties placed on Penn State for the Sandusky scandal. Late Penn State coach Joe Paterno will have 111 victories restored to his record, making him the winnigest coach in major college football history again.