Penn State loses one sponsor, others could follow STATE COLLEGE, Pa. (AP) -- State Farm is pulling its ads from Penn State football broadcasts, while General Motors is reconsidering its sponsorship deal and Wall Street is threatening to downgrade the school's credit rating, suggesting the price of the sexual abuse scandal could go well beyond the $60 million fine and other penalties imposed by the NCAA. Penn State aftermath: Fired former president denies knowing of abuse Former Penn State University President Graham Spanier says an investigative report released early this month is inaccurate regarding his role in the alleged cover-up of a sexual molestation scandal involving Jerry Sandusky, the former assistant football coach. College football roundup: Penn State has not lost any players yet Penn State coach Bill O'Brien said no current players have informed him of their intention to leave the program. Penn State's O'Brien battling to keep team together Penn State coach Bill O'Brien said no current players have informed him of their intention to leave the program. Penn State losing sponsors State Farm is pulling its ads from Penn State football broadcasts, while General Motors is reconsidering its sponsorship deal and Wall Street is threatening to downgrade the school's credit rating, suggesting the price of the sexual abuse scandal could go well beyond the $60 million fine and other penalties imposed by the NCAA. ON FOOTBALL: Penn State Program Far From Dead ON FOOTBALL: Yes it took a big hit, but Penn State program is far from dead Penn St. early foes planning to keep focus on game Ohio coach Frank Solich knows what to expect Sept. 1 when his team is the first to play Penn State. Silas Redd draws a crowd. Will he ditch Penn State for USC? As part of the penalties the NCAA handed down Monday, Penn State players are now essentially free agents, able to transfer to other schools without having to sit out a season. Schools must inform Penn State if they're interested in a player and, less than 24 into this pigskin version of "Supermarket Sweep," running back Silas Redd has drawn attention. USC, for one, has alerted Nittany Lions ... Penn State's 'Vacated' Victories Penn State should be sanctioned, but not by creating a fantasized history. State Farm pulls ads from Penn State broadcasts State Farm is pulling its ads from Penn State football broadcasts, while General Motors is reconsidering its sponsorship deal and Wall Street is threatening to downgrade the school's credit rating, suggesting the price of the sexual abuse scandal could go well beyond the $60 million fine and other penalties imposed by the NCAA.
Key Words: Penn State
References:
http://www.indystar.com/article/20120723/SPORTS15/207230335
http://www.utsandiego.com/news/2012/jul/13/dont-keep-talk-of-abuse-in-shadows/
http://www.startribune.com/sports/163327406.html
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http://hosted2.ap.org/CAANR/APSports/Article_2012-07-23-Penn%2520State-Abuse/id-8f6ff0a2933b4a438322cf11cf511a99
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http://www.indystar.com/article/20120712/NEWS02/120712004
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http://www.dispatch.com/content/stories/local/2012/07/13/osu-working-on-compliance-changes-before-freehs-report.html
http://dailyherald.com/article/20120712/sports/707129910/
http://pixelhat.net/
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