Miami became bowl eligible with their sixth win against North Carolina on Thursday, and the NCAA will not prevent them from competing in the postseason in 2013, a source told CBS Sports' Bruce Feldman.
Feldman reports that Miami will lose nine scholarships over the next three years, but face no additional bowl ban when the Committee on Infractions releases their report at 10 a.m. ET. Additional penalties are expected for assistant coaches involved in Shapiro's violations, but the 2013 Hurricanes, which ranked No. 7 in the first BCS standings, will be able to continue their pursuit of a program-first ACC title, and more.
The news that Miami would not be forced to sit out another postseason was first reported by WQAM early Tuesday morning.
The Nevin Shapiro scandal, which began in August, 2010, has resulted in the Hurricanes sitting multiple players in the 2011 season and sitting out the 2011 and 2012 postseason, including the 2012 ACC title game.
The Associated Press' Tim Reynolds reports that Miami has accepted the sanctions handed down by the NCAA. After receiving a punishment from the Committee on Infractions, schools have 15 days to file an apeal in writing.
If Miami does not intend to do so, this ends years of uncertainty for the Miami football program.
The infractions process has lasted the entirety of Al Golden's tenure as the Hurricanes coach, but arguably the most frustrating aspect of the investigation has been the unprecedented timetable. The school met with the NCAA's Committee on Infractions in June, and normally there is a wait of six to eight weeks after the hearing before the committee releases its report.
In its Notice of Allegations, the NCAA alleged that 72 student-athletes received benefits totaling more than $170,000 from Nevin Shapiro, but the school has repeatedly pointed to the track record of a convicted felon to dispute aspects of Shapiro's claims.