It's been four years in the making, originally stemming from a 2006 report that Reggie Bush and family may have violated NCAA rules by receiving gifts, complete with delays and postponements, but finally, the NCAA has made it known what the punishment is for USC, via ESPN's Bruce Feldman.
USC has been hit with a two-year post-season ban in addition to the loss of scholarships, among other penalties from the NCAA.
The NCAA's penalties were stricter than expected, and there may still be more. The full report will be made available to the public on Thursday via teleconference.
Expect plenty more on this news, both here in this StoryStream and over at Conquest Chronicles.