Never understood the "death penalty" or stripping victories and/or championships. Coaches and administrators do bad things and the NCAA in, it's infinite wisdom, punishes the athletes. Yeah, that's fair.
If you want to punish the school then
don't ban post-season play. Instead take whatever money the school was paid for a bowl appearance, for instance, and donate it to charity. That's one way of punishing the school without punishing the athletes. There are others but that would require someone in the NCAA to be able to think past their nose and I frankly don't believe they're capable.
By the way, is there anyone who didn't think this was going to happen when the NCAA opened it's doors to Nike & Adidas paying to have their emblem(s) sewn on the uniforms? When you open Pandora's box this is what is destined to happen. The NBA, MLB, and NFL climbing in bed with the gamblers (FanDuel etc) is eventually going to have the same result. Imagine, the NBA is an investor in FanDuel and by extension now has an interest in how much players win, or more importantly, don't win. Sounds ripe for corruption you say? Naw, basketball would never do anything like shave points or,,,, oh, wait, yeah, that's right, it's been done before.