Event:
NCAA cancels SMU's entire 1987 football schedule for gross violations of NCAA rules regarding athletic corruption
More Notable Events on February 27: 1998 Apple discontinues developing Newton computer
1991 6 week Gulf War ends after Iraqi troops retreated and Kuwait is liberated
1951 22nd amendment ratified, limiting president to 2 terms
1933 Nazis set fire to German parliament building, Reichstag, blame it on Communists
1827 1st Mardi Gras celebration in New Orleans
