They announced these sanctions live this morning, from USA Today:
NCAA President Mark Emmert made the announcement Monday morning that the program would be hit a four-year postseason ban and a $60 million fine.
In addition, the school will be forced to cut 10 scholarships for this season and 20 scholarships for the following four years.
The school will be forced to vacate all wins from 1998-2011, a total of 112 victories.
Not entirely sure what this all means, but what do you think?