Can't believe it should take 10 weeks to release the findings, and punishment
Well, one of the side effects of investigating allegations is discovering new ones that haven't been made public or been addressed yet. Once the NCAA gets in a program's business, they usually find considerably more than has been reported by the mainstream media. The sheer scope of this investigation, the time taken, and the amount of paperwork spotted after the meetings leads me to believe that we only know about a fraction of all the NCAA found.
There's a mountain of information to process while writing an opinion and outlining the infractions. Also, keep in mind that the Lake case is March 5th, and Michaels may testify in open court; and that could open the floodgates even further if the sworn testimony suggests coaches, staff, and/or boosters were aware of the gifts.
The longer this takes, the worse it is for USC. If they're going to level severe sanctions (and I don't see how they possibly couldn't at this point), they'll have to support them in detail in their final report... and that takes a long time.
I see folks commenting that USC will only get a slap on the wrist; but that opinion only seems to be based on the limited knowledge of wrongdoing that we, the public, have. It doesn't account for the mountains of information seen at the meetings that none of us is privy to.
Honestly, I think they get hammered.
First, there are at least 2 sports involved... that lends itself to a LOIC.
Second, they didn't take the route that other programs in similar situations have; which is to do its own investigation and self-report the football misdeeds. The NCAA has repeatedly said, in similar cases (FSU and Bama), that the sanctions for those programs would have been significantly worse, except that the schools did their own investigations and informed the NCAA. USC did the exact opposite, and actually tried to sacrifice its basketball program for the football program; in the hope that the football allegations would get swept under the rug. In fact, in their settlement with Michaels, they even included a confidetiality clause in an effort to keep Michaels from telling the truth to the NCAA if they came asking. This is almost the equivalent of suborning perjury. So, not only didn't they investigate (even after stories were widely published in the media), report, or sanction their own program, as most other programs do when faced with allegations like this; they actually tried to hide the facts and engaged in a cover-up. I can tell you that the NCAA is never amused when allegations are handled this way; and are likely to inflict much more severe damage as a result.
I think they're toast.