I mean, they're not going to get the death penalty, but they ain't keeping the accolades they achieved illegitimately the past 3 seasons.
The evidence is there and if the NCAA is good at ONE THING, barely competent is probably a better word, it's hammering programs who are caught not being honest with them. This isn't a UNC situation, the NCAA is already elbow deep in the big pile of sh*t. No loopholes to exploit and I doubt the several programs that Michigan cheated out of legitimate CFP opportunities are just staying quiet and letting them get away with highway robbery.
The NCAA is going to be forced to act. The deed is done, and Michigan played those games. But their legacy has to be tarnished. It already is, it's all about putting the pen to paper now.