Report: Penn St. football faces "unprecedented" sanctions, but not "death penalty"

The Joe Paterno statue outside Beaver Stadium was removed this morning. (Patrick Smith, Getty Images)

Penn State football will not be going away. However, the punishments will remain very harsh. ACNN report citing a source familiar with the case says that the penalties levied against the program for its role in covering up the child abuse crimes of Jerry Sandusky will be unlike any other punishment the NCAA has enforced.

The NCAA will not levy the so-called "death penalty" against Penn State, a source familiar with the case tells CNN, but there will be "significant, unprecedented penalties" that are "well beyond what has been done in the past."

The NCAA will officially announce its Penn State punishments at a press conference on Monday morning at 9 a.m. ET.