With the wins from 1998-2011 vacated, Paterno moves from 409 wins to 298, dropping him from first to 12th on the winningest NCAA football coach list. Penn State also will have six bowl wins and two conference championships erased.

via Penn State Nittany Lions hit with $60 million fine, 4-year bowl ban, wins dating to 1998 – ESPN.

Here’s what this says: you don’t get to behave like that and win.

*UPDATE* PATERNO’S STATUE REMOVED

The decision came 10 days after a scathing report by former FBI director Louis J. Freeh found that Paterno, with three other top Penn State administrators, had concealed allegations of child sexual abuse made against former defensive coordinator Jerry Sandusky. The Freeh report concluded their motive was to shield the university and its football program from negative publicity.

Meanwhile, on Monday, the NCAA hit Penn State with a $60 million sanction, a four-year football postseason ban and a vacation of all wins dating to 1998.

Paterno’s career record will reflect these vacated records, the NCAA said.

Penn State must also reduce 10 initial and 20 total scholarships each year for a four-year period.

via Joe Paterno statue removed from outside Penn State University’s Beaver Stadium – ESPN.