The NCAA report into the investigation at the University of North Carolina has been completed. Sources who have seen the report have passed along the information it contains:
No issues with institutional control were found.
No issues were found with coaches or football staff in their dealings with agents as regarding the teams current or former players.
Two current players' and one former player's actions were the focus of the investigation: Marvin Austin, Greg Little, and Cam Thomas.
Greg Little did not have any issues. All travel and expenses were properly accounted for. No further action will occur.
Marvin Austin and Cam Thomas were both recipients of travel and expenses from their former teammate Kentwan Balmer for a trip to Los Angeles in the summer of 2009. Austin also had a meeting with an agent during that time which is an issue as he had not reached the age where this contact was allowed. The NCAA found no irregularities in money for Marvin Austin's trips to Miami in May of 2010.
Per NCAA precedent, both players will be allowed to donate a comparable amount to charity in exchange for the expenses paid by Balmer.
Marvin Austin will serve a 1 game suspension because of the agent contact.
This story has been affirmed by Chuck Oliver at 680 AM in Atlanta, GA and Fox in Charlote, NC