LOUISVILLE, Ky. -- The NCAA says Louisville's 2013 basketball title is gone.
The NCAA Infraction Appeals Committee has upheld the initial penalty in the Minardi Hall sex scandal, finding the penalties matched the "serious and intentional violations."]
The ruling means U of L must now forfeit 123 wins in a range from 2011 to 2015 including the 2012 Final Four appearance and the 2013 National Championship.
Interim president Dr. Greg Postel also says there is a financial penalty of $600,000, well below the $15 million amount that had been previous reported.
Interim athletic director Vince Tyra says the vacated games also means all individual and team stats from the affected time period will be wiped out as well.
Postel addressed the penalty saying "the NCAA was simply wrong" while saying the school still stands by the decision to skip the 2016 post-season, calling it "the right thing to do."
With the penalty, Louisville is now the first program to vacate a men's basketball national title.
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To read the full ruling from the appeals committee, click here.