Miami's football team will lose nine scholarships and the men's basketball team will lose three, as part of the penalties the school was handed by the NCAA as the Nevin Shapiro booster scandal presumably drew to a close.
But for the first time since 2010, the football team will be permitted to appear in a postseason game.
The school will also serve three years probation. Former men's basketball coach Frank Haith, now at Missouri, will sit out the first five games of his team's season, and three former Miami assistant coaches were handed two-year show-cause bans.
Even though the NCAA said Miami lacked "institutional control" when it came to monitoring Shapiro, the university is accepting the decision and does not plan to appeal.
Miami's football team is off to a 6-0 start, and the school's ranking at No. 7 matches its highest since 2005.
Miami has already self-imposed sanctions on the football program that included sitting out two bowl games, last season's Atlantic Coast Conference title game and making reductions in recruiting.
The NCAA says Shapiro, a convicted felon, provided at least 72 Miami football players, 12 of their associates and three recruits with impermissible benefits between 2002 and 2010.