Much has been made of the controversy that has racked the University of Miami and its athletic department since former booster Nevin Shapiro dropped a bomb on the university in a Yahoo! Sports report detailing over a decade of impropriety to current and former Hurricanes' football players.
Players from the current team were suspended for multiple games by the NCAA after being made ineligible by the school at the beginning of the season
Most notably, Ray-Ray Armstrong was suspended for four games and then was again suspended for the Florida State game due to his involvement with a PR firm who works with pro athletes.
According to CBSSports.com, the university has come to an agreement with the trustee responsible for recovering the money that Shapiro's duped-investors lost in his scheme.
Here is an excerpt from the article on CBS Sports:
Tabas found "additional potential claims against the University and certain University prior and current athletes" after that settlement. The documents also show that the school and the trustee had some dispute about the new claims, but adds that the school believes resolving the matter is "in the best interests of all parties."
Also recently, the Ohio State Buckeyes were formally punished by the NCAA for the school's involvement in the gear-for-tattoos scandal (via ESPN.com).
The Buckeyes were hit with a one-year bowl ban, a further reduction in football scholarships, a year of probation and former coach Jim Tressel was hit with a five-year "show cause" citation. All this was after the university vacated the 2010 season and gave back the Big Ten's share of the revenue from the Sugar Bowl victory.
What will the NCAA do to Miami?
The NCAA concluded that the university had failed to monitor its athletic programs, which was the most damaging of the charges.
For Miami, people have to be worried because all of the behavior had gone on for a decade.
The school has suspended the current student-athletes that were named in the scandal, they have agreed to pay back $213,307 in donations from the disgraced booster and they declined to be invited to a bowl game this season to hopefully stave off stiff penalties.
People who are against USC, Ohio State and Miami have been clamoring for the Hurricanes to face the NCAA's ultimate penalty: the death penalty. The NCAA realized how much it devastated the SMU program in the 1980s and has been hesitant to give it again. The timeline as to how long the inquiry will take to complete is unclear.
One thing is for certain, the NCAA WILL punish Miami but how is no one's guess. For now, the university is moving forward in making the payments to Joel Tabas and moving on with recruiting and re-tooling from a very disappointing 2011 season.