Found November 19, 2012 on TheMatadorSports:
The Miami Hurricanes will join the ranks of Ohio State, Penn State, University of Central Florida, and North Carolina as bowl ineligible for the upcoming postseason.  The Hurricanes (6-5, 4-3 ACC) in an unprecedented decision opted to forego their second straight postseason play as NCAA investigations are ongoing regarding revelations of a booster alleging to have given extra benefits in the form of cash and gifts to players and recruits. The university president, Donna Shalala, and the top brass in the athletic department released an official statement this morning confirming the postseason ban. “Considerable deliberation and discussion based on the status of the NCAA inquiry went into the decision-making process and, while acknowledging the impact that the decision will have on current student-athletes, coaches, alumni and fans, a determination was made that voluntarily withholding the football team from a second postseason was not only a prudent step for the University to take bu...
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