I originally pushed for the Death Penalty as well, but read a couple of things that have me changing my mind.
I found numbers from the 2009-2010 academic year, describing revenue and expenses for D-1 university athletic programs. Long story short, Penn State's football team made $50 million in profits, while the other 28 sports Penn State offers, had a net loss of $32 million. If you kill the football program, you are essentially killing every other athletic team at Penn State, and punishing a whole lot of student athletes that had nothing to do with some old creepy guy having his way with little boys 10+ years ago.
With all the impending civil lawsuits (predictions of damages exceed $100 million), and with the understanding that Penn State's athletic department is self-sustaining (doesn't take any money from the university's operating budget), I can't see a way in which the university could come up with the $32 million a year to fund all the other athletic teams when they are already going to have to be paying legal settlements.
That being said, I have no idea what the punishment should be, as you can't really do anything to the team now, and not punish people who had no part in the scandal at all.
:twocents: