Penn State BOT Votes to Keep $60 Million Fine in State

Penn State BOT Votes to Keep $60 Million Fine in State

After a heated teleconference the Penn State Board of Trustees has voted on a resolution to keep the $60 million fine in state.
UNIVERSITY PARK - The Penn State Board of Trustees has passed a resolution to keep the $60 million fine levied against it by the NCAA in state.

The resolution passed by a vote 0f 19-8. All eight no votes were cast by trustees that were elected by Penn State Alumni.

Those trustees voted no because of specific language in the resolution that pertained to further compliance with the consent decree.

During the teleconference the board agreed to have further discussions regarding the validity of the consent decree, which is the agreement between Penn State and the NCAA in the wake of the Jerry Sandusky scandal, at the next board meeting in September.

"It's time for the NCAA to recognize that this is a stand alone organization that can act on its own and act once in a while with a backbone," trustee Al Lord said.

The Commonwealth is asking Penn State to make a decision on a possible settlement of the Corman v. NCAA litigation. Alumni-elected trustees, like Lord, said the conversation needs to center around the validity of the consent decree.

"They've asked this board to come to an agreement. We're not going to come to an agreement when we're this far apart, we have to compromise," Lord said. "These guys today in their conversation kept saying you're attacking the NCAA. We're not attacking anyone, we're trying to do what the court told us to do. I'm very concerned that the state will get this and say what is this? This does not address the issues we raised."

"I think it is what it is," alumni Jim Meister said. "Unfortunately it's going to be we and they and the majority don't represent the alumni, that's what is so disappointing."

"They still followed the same old leadership, the same old direction and they did the same old thing," alumni Franco Harris said.

Despite losing the majority vote, trustee Anthony Lubrano said Wednesday is a big step toward the future.

"There are ten votes not in favor. That obviously means the board is divided," he said. "If I'm Senator Corman and Treasurer McCord, I'd take note. Particularly since the alumni elected trustees represent 600,000 alumni, many of them who live in Centre County."

To read the full resolution you can click here.
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