It's not the death penalty, except it is the death penalty. Here are the list of punishments. - Four-year postseason ban - $60 million fine - 10 scholarships lost first year, 20 every year after that for four years (more or less an entire roster worth of scholarships) - Vacation of all wins from 1998 through 2011 (meaning Joe Paterno now ranks eighth among all D1 coaches in wins) - Five years probation - Penn State players can transfer immediately without penalty Discuss in the comments.