Many of the penalties UCF received today directly effect their last year of competition in C-USA. Those sanctions are as follows:
- Postseason ban for the 2012 football season and 2012-13 men’s basketball season.
- Vacation of all men’s basketball wins in which an ineligible student-athlete competed for the 2008-09, 2009-10 and 2010-11 seasons. The public report includes further details (self-imposed by the university).
In addition, any UCF basketball or football player can transfer without penalty and play immediately at another school.
You can see the NCAA's report on the sanctions handed down to UCF here.