PENALIZED: CLEMSON UNIVERSITY'S basketball team, for violating rules in 12 NCAA categories. The Tigers were put on three years probation, which prohibits them from appearing on NCAA-sanctioned televised events and in postseason tournaments. As a further penalty, grants-in-aid were cut from six to two for the 1976-77 season.
PURCHASED: For $10.6 million, controlling interest (84%) in the New England Patriots by the team's founder, William H. Sullivan Jr. of Boston, who had been ousted as club president by stockholders in April 1974. He has been elected chairman of the board of directors.
SOLD: The BALTIMORE COMETS of the North American Soccer League, to a California group headed by Kenneth Keegan, part owner of NASL's San Jose Earthquakes. Plans include moving the Comets to San Diego, with Keegan divesting himself of his interest in the Earthquakes.
TRADED: DAN ISSEL, four-time ABA All-Star, from the Baltimore Claws to the Denver Nuggets, in exchange for Center Dave Robisch, future considerations and an estimated $600,000.
DIED: EUGENE V. MORI, 77; after a long illness; in Medford, N.J. Mori was founder and owner of Garden State Park and held an interest in Hialeah until 1972, when he sold out for a $14 million profit.
DIED: MAY SUTTON BUNDY, 88, who in 1905 became the first U.S. Wimbledon champion; of cancer; in Santa Monica, Calif. Bundy also won at Wimbledon in 1907 and was the 1908 Rose Bowl queen.