From The L.A. Times
A two-year bowl ban and a loss of more than 20 football scholarships are among the sanctions that the NCAA has dealt USC, a source with knowledge of the situation said Wednesday.
The NCAA, the governing body for collegiate sports, informed USC of its decision after a four-year investigation regarding allegations centered on former football player Reggie Bush and former basketball player O.J. Mayo. The NCAA could make its decision public as early as today.
USC officials would not confirm that the school had received the NCAA’s report.