I think you're running from one extreme to the other. Before all this, most people probably didn't think Penn State was this great school. If it wasn't for sports, most people would have never heard of it. Not saying it's bad, just nobody cares.
Also you're assuming everybody loves Penn State college football. While this is a big story, outside of the sports world, 99% of Americans outside of Pennsylvania probably aren't following it, they don't really care.
What kind of jobs are you applying for? You really think the non-football fan recruiter/hiring manager in California, Texas, New York, DC, Chicago, Boston, Atlanta, etc. or any other major city really cares about this? Let me tell you, they don't. Even if they did, you think that they think this really reflects you?
If anything it gives you something to talk about at an interview. And if you really have skill, you can make it positive by showing your character, or how you thrived in a state of adversity.
99% of the US doesn't care about this and won't even remember it in a month. The US is bigger than Penn State football.