NCAA Says Penn State Fine Money In Special Account

Tuesday, January 22, 2013
The NCAA said Thursday it has no immediate plans to spend the $12 million already paid to it as part of the sanctions against Penn State over its handling of child sex abuse allegations against former assistant football coach Jerry Sandusky. The fate of that money , and the rest of the $60 million Penn State owes the NCAA , is the subject of two legal challenges, one from a state lawmaker and the other from Pennsylvania's governor. On Wednesday, a Pennsylvania judge put on hold state Sen. Jake Corman's request for an injunction barring the NCAA from spending the money. Corman asked for the injunction request to be put on hold, indicating the filing had the support of the NCAA. NCAA spokesman Bob Williams said the organization has not been negotiating with Corman, either about spending the $12 million or the larger lawsuit, and called his lawsuit groundless.

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