According to NCAA President Mark Emmert, what has unfolded at Miami is nothing new to the NCAA -- they've been investigating the matter for five months.
He released the following statement this afternoon:
“If the assertions are true, the alleged conduct at the University of Miami is an illustration of the need for serious and fundamental change in many critical aspects of college sports. This pertains especially to the involvement of boosters and agents with student-athletes. While many are hearing about this case for the first time, the NCAA has been investigating the matter for five months. The serious threats to the integrity of college sports are one of the key reasons why I called together more than 50 presidents and chancellors last week to drive substantive changes to Division I intercollegiate athletics.”