UNIVERSITY PARK — The Penn State football program will not be able to share in the Big Tens bowl revenue, the Big Ten Council of Presidents and Chancellors announced on Monday.
The loss of the conferences bowl revenue was part of four sanctions levied by the conference, just hours after the program was hit by severe NCAA sanctions.
The conference estimates Penn State will lose approximately $13 million in bowl revenue. That money will be donated to charitable organizations in Big Ten communities that are dedicated to the protection of children.
In addition, the conference officially censured the university and placed it on five years of probation.
In accordance with the NCAAs sanction of a four-year ban from bowl appearances, the Big Ten has made Penn State ineligible to participate in the Big Ten championship game for four seasons.