Quote:“We are grateful to the Big Ten and the Council of Presidents and Chancellors for their decision to restore Penn State’s share of the conference bowl revenues to the university in the upcoming football season,” Penn State president Eric Barron said in a statement. “These funds will help to support our 31 teams and more than 850 student-athletes.”

The penalties have cost Penn State at least $9.6 million in lost revenue since the 2012-13 season. Before the ban was implemented, the university donated $2.6 million — Penn State’s share of bowl revenue from the 2011-12 season — to programs that aid in the prevention and treatment of sexual abuse.