In case you missed the press conference or the swarm of people already talking/tweeting/writing about it, here are the bullet points from the NCAA's sanctions against Penn State in the wake of the Jerry Sandusky scandal: *$60 million fine.

*Four-year post-season ban.

*All wins from 1998-2011 are vacated.

*Penn State players are free to transfer immediately without having to sit out a season.

It's not the so-called "death penalty," which would shut the program down completely for a length of time, but as many people have noted it is just as harsh if not worse. It was summed up well on ESPN: The penalties hit Penn State's past, present and future.

It takes away 112 victories, including 111 for former head coach Joe Paterno -- who is now fifth all-time in FBS victories instead of No. 1. The fine and ban hurts now. The bowl ban and immediate transfers will decimate the program for years to come. Do not expect Penn State to be competitive in football until 2020 at the earliest when you consider how much they will lose and what impact that will have on future recruiting. They might never recover from this.

There is still tons to digest and dissect from all of this, but one thing is certain: The NCAA acted decisively and wielded a mighty hammer.