Michigan was hit with severe financial penalties as the long-running, sign-stealing saga came to a close on Friday

Here's what you need to know on why the NCAA didn't issue a postseason ban to U-M as part of its punishments for the sign-stealing scandal report.

At long last, nearly two years after its initial discovery, the Michigan sign-stealing decision is in. In a document sent to the school on Friday, the NCAA’s Committee on Infractions sanctioned the Wolverines with the following penalties,