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Friday Five: Penn State Punished, Ed Reed Reports, Cole Cashes In

This week's top five sports stories.

Number 1. Penn State Penalties
On Monday, NCAA President Mark Emmert announced penalties against Penn State in the wake of the Jerry Sandusky scandal. The football program will be banned from all play-off and bowl appearances for the next four years. The school will be fined $60 million, and be under a five year probationary period. The university will have a reduction in total scholarships over the next four years and will have all wins from 1998-2011 vacated.

Number 2. Ed Reed Reports
Despite numerous speculation this past off-season, Baltimore Ravens' Safety Ed Reed reported to training camp on time. He had been vocal about his unhappiness about his current contract and had threatened to hold out of training camp. However, he was there for the first full squad practice on Thursday.

Number 3. Cole Hammels Signs
Left Handed Pitcher, Cole Hammels agreed to a new contract with the Philadelphia Phillies. The deal is for six years and $144 million.

Number 4. Peyton Manning
After 14 years in Indianapolis, the Peyton Manning Era began in Denver on Thursday. The quarterback was present for the first day of training camp, which was watched by a record-breaking crowd of 4,371 fans.

Number 5. Camp Opens
NFL Training Camps officially opened on Wednesday, but there were a few notable players absent from their team's camps. Mike Wallace, a wide receiver for the Pittsburgh Steelers, was not present at the start of camp because he was reportedly un-happy with his current contract. Jacksonville Jaguars Running Back Maurice Jones-Drew was also a no-show at the start of camp because he is also reportedly on happy with his current contract with the team.

Sarah Davis

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