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According to ESPN.com, the NCAA committee on infractions will release its findings regarding the USC football and basketball programs on Friday.

ESPN’s “Outside the Lines” reported in May of 2008 that former basketball player O.J. Mayo accepted cash and gifts — extra benefits — from Rodney Guillory, who was connected to Bill Duffy Associates Sports Management. Moreover, Floyd was alleged to have provided a $1,000 cash payment to help steer Mayo to USC, according to a Yahoo! Sports report.

USC already admitted wrongdoing with the basketball program and sanctioned itself, including a ban on postseason participation, a reduction of scholarships and vacating all of its wins from 2007-08.

But though USC chose to contest the allegation against the football program, its ultimate goal is to overcome the perception of a lack of institutional control, which could result in significant sanctions, including scholarship reductions, TV and postseason bans, recruiting restrictions and probation.

If USC is found guilty of major violations, the NCAA also could rule that the Trojans are “repeat violators.” Per NCAA rules, “An institution shall be considered a ‘repeat’ violator if the Committee on Infractions finds that a major violation has occurred within five years of the starting date of a major penalty.”

As the article notes, the football program was sanctioned back in 2001 so if allegations concerning Reggie Bush are found to be major violations, USC could be forced to forfeit victories during the running back’s time in the program. That would be a massive blow considering the Trojans won a national championship and lost in the BCS title game during that span.

Bush should be concerned, too. If he is found retroactively ineligible, then he could lose his 2005 Heisman Trophy award.