So. Let's sum up all the arguments against Penn St's punishment, point by point, and see whether we can't respond to each one.
1. The punishment hurts the innocent!
-incoming football players
no problem, they can easily change their mind and go somewhere else. the NCAA would be more than happy to accomodate them
-current football players
no problem, they can easily transfer. again, the NCAA will be happy to help
-past football players
if you look at past instances of games being vacated, I think you'll find that players kind of just shrug it off. they were there, they know the wins actually happened. the crossing out of the wins really only makes a difference in Paterno's specific case, because it drops him down in the record book. luckily, he's not an innocent bystander.
-other Penn St teams
no other sport can be harmed. part of the agreement.
-the local economy
because the football product will be weaker? there might be slightly lower attendance, but the difference to the economy will be marginal at best.
-students
because the football team they watch won't be quite as good?
-ok, students because there'll be a tuition increase
there won't, the PR would be terrible. the money will come from the endowment.
-fine, the other teams in the Big Ten!
there'll be knock-on effects from the team being weaker, but I imagine the other teams' weaker strength of schedule will be balanced by the easier win. TV contracts are already in place, so there won't be a lot of lost television dollars.
2. Those responsible have already been punished!
It doesn't work like that. When the leadership of an institution engages in criminal activities on behalf of that institution, there must be punitive punishment of the institution as a whole. Imagine if you could simply fire the people in charge and then get off scot-free. If you're on the board of a company and that's how things work, who do you hire? Obviously, the person who will be willing to engage in criminal activities on your behalf. If they're caught, no problem, just fire them. They'll be punished and you'll be fine. If they aren't caught, great! You got away with it.
3. Everyone is just bloodthirsty!
Yes, but it doesn't follow that the punishment is wrong. "Everyone is bloodthirsty" is not in itself an argument against punishment; you still have to actually demonstrate that the punishment is excessive or unwarranted.
4. Is this what the victims really want? / But this doesn't help the victims at all!
We don't know what the victims really want, because they're understandably a little reluctant to say anything. Luckily, our system of law is not based on finding out what the victim of a crime wants and then doing that. As for helping the victims, well no, at this point the best we can do is probably to leave them alone, and make sure they get whatever therapy etc they might need. The point is not to directly help the victims, since there isn't all that much we can do for them at this late juncture. The point is to prevent similar occurrences in the future.
I miss any?