The Ohio State University announced Friday it is vacating all 12 of its victories from the 2010 football season and placing itself on two years' probation in the wake of a scandal that cost coach Jim Tressel his job.
Tressel resigned under pressure after it was revealed he had lied to National Collegiate Athletic Association officials investigating allegations that Ohio State players had received special benefits from local businesses in Columbus, Ohio.
Several players, including star quarterback Terrelle Pryor, allegedly swapped team and personal memorabilia and equipment for tattoos and other benefits. Tressel became aware of the transactions, which violate NCAA rules, but did not report them on a form all coaches are required to submit.
Five players were suspended for the first five games of the upcoming season.
"We are fully cooperating with the NCAA, and we look forward to working together to bring a resolution to these current matters," Athletics Director Gene Smith said in a written statement.
The self-imposed sanctions are contained in the university's formal response to the NCAA's Notice of Allegations received April 21. The NCAA could impose its own punishment, which could be more severe.
Tressel and the university also announced they had agreed to recharacterize his departure as a retirement rather than a resignation.
"I take full responsibility for my mistakes that have led to the ongoing NCAA inquiry and to scrutiny and criticism of the football program," Tressel said in the university's press release. "I am grateful for this opportunity to retire from the university that I so deeply respect and that I will continue to support."