The school hopes to appease the NCAA ethics police and avoid further penalties, including a ban on postseason play and a reduction in scholarships.
The university also stated former coach Jim Tressel's $250,000 fine has been waived and his status has been changed from 'resigned' to 'retired'.
He will now receive $52,000 for services rendered through June 30 and he will be compensated for unused sick time and vacation. He is also eligible for health insurance as a former state employee.
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