This is VERY significant news for the biggest football school West of Austin, Texas...
Source: Two-year postseason ban for USC football - ESPN Los Angeles
The USC football program will receive a two-year postseason ban, a reduction in scholarships and a forfeiture of wins from at least the 2004 season when the NCAA releases its sanctions on Thursday, a source told ESPN's Shelley Smith.
The Los Angeles Times reported the NCAA sanctions include the loss of more than 20 scholarships.
ESPN The Magazine's Bruce Feldman confirmed the two-year postseason ban and a reduction in scholarships from a second USC source.
USC will respond Thursday to the NCAA's findings following its investigation into possible violations by the Trojans' football and men's basketball programs, a source told ESPN's Joe Schad.
Source: Two-year postseason ban for USC football - ESPN Los Angeles