Michigan head coach Jim Harbaugh lifts up the trophy as players and coaches celebrate after 34-13 win over Washington to win the national championship game at NRG Stadium in Houston on Monday, Jan. 8, 2024.

It appears that the sign-stealing saga involving the Michigan Wolverines has finally neared its long-awaited end. The dramatic storyline that hung over college football for two years has reached its conclusion with the NCAA finally handing down punishments to the Wolverines.

According to ESPN's Pete Thamel and Dan Wetzel, the NCAA is set to impose a hefty fine on Michigan, which is expected to be north of $20 million due to the school's lack of postseason revenue over the next two seasons.

The Wolverines will also be without head coach Sherrone Moore for the first game of the 2026-27 season on top of the two-game suspension this upcoming season that was already self-imposed by Michigan.

Other punishments include a 10-year show-cause penalty for Jim Harbaugh, Michigan's former head coach, who led them to the national championship, and an eight-year show-cause penalty for Connor Stalions, the alleged sign-stealer. Former Michigan QB Denard Robinson will also receive a three-year show-cause penalty.

Some other punishments include a 25% drop in official visits that the football program can host in 2025-26, along with a 14-week probation period of recruiting communications during their four-year probationary period.

The fine sends a message to the rest of college football that revenue will be hit and the bottom line will be impacted for infractions. While it does do that, the Wolverines are coming out of this situation rather clean, as they have not had to sacrifice any success in their program's history.

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This article originally appeared on College Sports Wire: Michigan reportedly levied hefty fine from NCAA amid sign-stealing, no wins vacated

Reporting by Riley Donald, College Sports Wire / College Sports Wire

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