Take this FWIW, but a dude just called into the National show that is on 610 right now saying he has a friend @ the NCAA...this is what he says is coming (I may have forgotten a thing or 2, but here is the jist)
3 years, the NCAA runs the entire Athletic Department
2013, No Football Team
2012, all revenues from FB home games will go to visiting teams to make up for lost revenue on 2013 away dates
All wins after 1998 will be vacated
Loss of scholarships (can't remember the # the guy said, I think it was 10, for a LONG period of time) & no TV for a time after they return
When the program is reinstated in 2014, they will have the option to play 1 season as a Division II school
All players can transfer w/o sitting out effective immediately.
Again, take it FWIW
Edit - there was also (obv) a post season ban for a number of years