The sanctions by the governing body of college sports also imposed unprecedented fines of $60 million, ordered Penn State to sit out the postseason for four years, capped scholarships at 20 below the normal limit for four years and placed football on five years’ probation. Current or incoming football players are free to immediately transfer and compete at another school. The NCAA’s sanctions following the worst scandal in the history of college football stopped short of delivering the “death penalty’’ — shutting down the sport completely. It actually did everything but kill it. “The sanctions needed to reflect our goals of providing cultural change,’’ NCAA President Mark Emmert said as he announced the penalties at a news conference in Indianapolis. The NCAA ruling holds the university accountable for the failure of those in power to protect children and insists that all areas of the university community are held to the same high standards of honesty and integrity.