Miami-Florida, undefeated after a 6-0 start, is being penalized after an investigation into reports as many as 30 football and basketball players received gifts, free meals and entertainment from team booster Nevin Shapiro. Shapiro is serving 20-year prison sentence for running an alleged Ponzi scheme.
The University of Miami must give up one basketball scholarship each year until 2016 and the program was placed on three years probation. Former basketball coach Frank Haith, now head coach at Missouri, was given a five-game suspension, and former assistant basketball coach Jorge Fernandez received a two-year show-cause penalty.
The Hurricanes football team missed the post-season in 2011 and again in 2012 under a self-imposed bowl ban during the investigation, but will be eligible to play in a bowl game this post-season.
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