Former Sen. Mitchell selected as Penn State athletics integrity monitor: The NCAA today selected former U.S. Senator George Mitchell as the independent Athletics Integrity Monitor at Penn State. Mitchell’s five-year appointment begins immediately. As Athletics Integrity Monitor, Mitchell will evaluate Penn State’s compliance with NCAA sanctions and the Athletics Integrity Agreement it will execute with the NCAA and the Big Ten Conference.
Penn State failures draw unprecedented NCAA sanctions: Penn State's leadership failed to value and uphold institutional integrity, breaching both the NCAA Constitution and Division I rules.
Sanctions: Penn State's sanctions are both punitive – intended to punish – and corrective, intended to remediate the 'sports is king' culture that led to failures in leadership.
NCAA authority to act: The NCAA Executive Committee and the Division I Board directed President Emmert to examine the circumstances surrounding the Penn State tragedy and, if appropriate, make recommendations regarding punitive and corrective measures. The Executive Committee acts on behalf of the entire Association and implements policies to resolve core issues, pursuant to its authority under the NCAA Constitution and Bylaw 4.1.2(e).
Transfer options for football student-athletes: Due to the unprecedented nature of the Penn State sanctions, the NCAA will provide appropriate and immediate relief of some NCAA rules for all eligible football student-athletes who wish to transfer to another school.
By Michelle Brutlag Hosick
NCAA.org
An NCAA-created national task force will oversee an endowment funded by the $60 million fine imposed on Penn State.
All funds from the fine will follow the endowment guidelines established by the Child Sexual Abuse Endowment Task Force and flow to programs designed to prevent child sexual abuse or assist the victims of child sexual abuse nationwide.
The task force members were drawn from national nonprofit organizations (some specializing in child advocacy), the federal government and the NCAA membership. Task force members include:
The task force will develop a philosophy for how the endowment funds will be used, including what types of programs are eligible, required grant criteria, and investment and spending policies. Members also will determine how the assets will be managed both financially and legally, and will identify an independent third party to administer and manage the endowment.
The task force will make reporting and accountability recommendations to ensure the performance and uses of the assets meet expectations.
Once the philosophy, criteria, investment and spending policies and the third-party administrator have been identified, the task force’s work will be concluded.
The third-party administrator will choose which nonprofit groups receive funds each year based on criteria established by the task force. The NCAA expects that several different nonprofit groups will receive funds each year.
The fine will be collected in five $12 million annual payments. Once received, the money will go to the third-party administrator to be invested based on guidelines from the task force. The proceeds may not be used to fund programs at Penn State, and no current sponsored athletics team may be reduced or eliminated to pay the fine.
The task force will determine how much of the endowment will be distributed and how much will remain in the endowment through perpetuity.