According to CBS News, a high ranking NCAA official says that the association will announce “unprecedented” penalties against both the Penn State University football team and the school.

“I’ve never seen anything like it,” the source told correspondent Armen Keteyian.

NCAA president Mark Emmert reportedly will make the announcement at 9AM ET at the association’s headquarters in Indianapolis, IN.

The penalties come as a result of Penn State’s involvement in the Jerry Sandusky child sex scandal back in November of 2011 that has since turned the college football world upside down. Earlier in the month it was also revealed via the Freeh report that high ranking Penn State University officials, including former long-time head coach Joe Paterno actively covered up the actions of Sandusky since 1998.

Sunday the University removed the statue of Joe Paterno outside of Beaver Stadium.

Emmert had recently gone public saying that the NCAA would keep all options on the table when handing down a punishment on Penn State University. To this date the biggest penalty ever handed down of the NCAA was back in 1987 when Southern Methodist University was given the so-called death penalty for repeat recruiting violations. The penalty completely wiped-out the school’s 1987 football season and subsequently forced the University to cancel the 1988 season as well.

The Big Ten has also reportedly had discussions on kicking Penn State out of the conference.

Ref: CBS Sports, Detroit Free Press