It's over: Miami's NCAA saga ends with probation, scholarship losses - but no post-season ban

CORAL GABLES, Fla. - Miami's football team will lose nine scholarships and the men's basketball team will lose three, as part of the penalties the school was handed Tuesday by the NCAA as the Nevin Shapiro scandal presumably drew to a close.

But for the first time since 2010, the football team will be permitted to appear in a post-season game.

The school will also serve three years probation. Former men's basketball coach Frank Haith, now at Missouri, will sit out the first five games of his team's season, and three former Miami assistant coaches were handed two-year show-cause bans.

Even though the NCAA said Miami lacked "institutional control" when it came to monitoring Shapiro, the university is accepting the decision and does not plan to appeal.