The last week of July brings us one step closer to the start of another college football season as the countdown to the opening of training camp is on. This is a great time of year to start planning out your betting strategy for the upcoming season.

NCAA hands-down sanctions for Penn State

NCAA President Mark EmmertThe fall-out from the Jerry Sandusky child sex abuse scandal at Penn State University has proven to be extremely costly. The NCAA announced on Monday what steps it will take to properly punish the school and football program for what has been determined as gross negligence on the part of school officials, including former head coach Joe Paterno, in the handling of the matter over the past decade or so.

The Nittany Lions will be banned from postseason play for the term of four years starting with this season. They will also loose 10 initial scholarships and 20 total scholarships for each of the four years of the ban. The NCAA also handed-down a $60 million sanction and will force the football program to vacate all its wins dating back to the 1998 season. The NCAA career-record of Paterno’s 409 wins will be adjusted accordingly. This is the longest ban handed down by the NCAA since Oklahoma State received a three-year ban in 1989 for improper financial aid and extra player benefits.

Former FBI Director Louis Freeh conducted a private investigation into the entire matter earlier this year and concluded that the school’s leaders “repeatedly concealed critical facts relating to Sandusky’s child abuse from authorities, the university’s board of trustees, the Penn State community, and the public at large”.

ACC focuses on maintaining a 14-member conference

The Syracuse Orange and the Pittsburgh Panthers made it official earlier this month that they were indeed leaving the Big East to join the ACC on July 1 of next year. With the addition of those two teams, the total membership in the conference will stand at 14 schools. The powers to be in the conference are focusing their energy on making sure that the ACC remains a viable major conference for college football, one that stands on equal footing with the four other power conferences (SEC, Big Ten, Big 12, and PAC-12) despite the fact that it has a woeful 2-13 record in BCS bowl games since 1998.

There is growing concern that schools such as Florida State and Clemson might look to find better exposure for their football program in the Big 12, but ACC Commissioner John Swofford stated that he remains confident that all 14 members are committed to remaining in the conference.

Miami could be back in hot water with the NCAA

Last Friday, Yahoo Sports reported that a few unidentified sources at the University of Miami stated that former football employee Sean Allen, who has already been linked to former booster and convicted Ponzi scheme felon Nevin Shapiro, could have assisted members of Al Golden’s coaching staff with the recruitment of certain players. Shapiro has already claimed that he provided dozens of athletes and potential recruits at the university with extra benefits over an eight-year period.

Since this story first broke last August, Miami has been bracing for the fall-out from these allegations as the NCAA continues its investigation into the whole matter. Golden stands by his past record of compliance with NCAA rules, but this latest round of allegations of wrong-doing has the potential to explode right in his face in the form of new NCAA sanctions on the football program.