The decision on the investigation into the Oregon football program has concluded (here’s some background) and those who speculated the school would not get hit hard are proving correct.
You can read the official report here.
The upshot is that Oregon is not getting a bowl ban, instead receiving the loss of one scholarship over two years (24 initials instead of 25). The major pian has been placed on former Ducks coach Chip Kelly, who was hit with an 18-month “show-cause” penalty, making it hard for any college to hire him during that time (Kelly, though, is now with the Eagles in the NFL so this figures to not come into play).
As you can read in the official NCAA release, Oregon will also be allowed one fewer total scholarship each of the next three years (84 instead of 85) and also will have its official paid recruiting visits cut from 56 to 37 over the next three years as well as a cut in evaluation days.
Overall, though, these are far from program-altering penalties, and the Ducks will remain one of the favorites for the Pac-12 title, if not more, as the 2013 season begins, with the NCAA investigation now in the rearview mirror.