JUST IN: NCAA Restores Joe Paterno's 112 Vacated Wins

The NCAA has announced that Penn State's 112 wins between 1998 and 2011 have officially been restored.

This news comes as part of the settlement of the Corman lawsuit, which challenged the 2012 Consent Decree that ended up resulting in the major sanctions levied against Penn State. Senator Jake Corman, the Senate Majority Leader, had legally challenged the validity of that decree. The settlement will also let Penn State disperse the $60 million fine levied by the NCAA to charities focused on preventing child abuse within the state of Pennsylvania, whereas the previous agreement did not give the university final say on which charities would be chosen.

As part of the deal, the NCAA will maintain the position that they had the power and authority to sanction Penn State. Now that the wins have been restored, Joe Paterno will return to his place at the top of college football's record books, but that comes at a price. The lawsuit had exposed damaging emails and NCAA documentation that revealed both questionable decisions and a rush to judgment, with news breaking earlier in the week that one key NCAA committee member did not read the Freeh report before recommending the NCAA's punishment of the university. Without the settlement, more information in favor of the plaintiff could have been revealed, but the investigation into the NCAA's decision-making process will now come to an end.

You can read the NCAA's official statement on the matter here.

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