UPDATED WEDNESDAY, JUNE 9, 7:10 p.m. - ATVN contacted USC Assistant Vice President of Media Relations James Grant for a response to media reports that a press conference will be held at USC Thursday. Grant says USC will not have a press conference tomorrow. There have been media reports that a USC response is expected to come in the form of a written or video statement from the athletic department rather than a spoken announcement.

A source within USC’s athletic department said Tuesday the NCAA sanctions on the school’s football and basketball programs could be announced this week.

The source, who wished to remain anonymous, said a player on USC’s football team had given him knowledge that the NCAA’s report will be coming in the next two days.

The player reportedly said penalties will likely include disqualification from bowl eligibility for the coming season and loss of several scholarships. Past awards, including multiple Heisman trophies, would not be revoked, and USC would retain its 2004 NCAA National Championship.

The brunt of the NCAA’s penalties would likely fall on the basketball team, said the source, despite the school’s self-imposed sanctions on the team during the early part of last season.

Under those penalties, the basketball team was banned from postseason play for one year and forfeited its wins from the 2007-08 season, when O.J. Mayo was on the Trojans’ roster. Former coach Tim Floyd and his staff were accused of recruiting violations related to the recruitment of Mayo.

USC Sports Information Director Tim Tessalone was in a meeting Tuesday afternoon, which, if related to the NCAA sanctions, would suggest a Thursday announcement.

When asked Tuesday about rumors of a report coming this week, USC assistant vice president of media relations James Grant refused to respond.

“I’m not able to answer any questions about it,” he said. “Last week I talked because so many reporters wrote stories saying it was happening [last] Friday.”

“We are not discussing it,” he added.

Grant confirmed Thursday that the NCAA report would not be released until a later date, in a story first reported by Annenberg TV News.

The NCAA’s infractions committee concluded their hearings with the school in late February, with a typical turnaround of six-to-ten weeks before sanctions are announced. The penalties were rumored to be ready for release numerous times in the past month, but so far USC says they have not heard from the NCAA.

Schools typically receive about 48 hours notice before major announcements are made.

A source within USC’s athletic department said Tuesday the NCAA sanctions on the school’s football and basketball programs could be announced this week.

The source, who wished to remain anonymous, said a player on USC’s football team had given him knowledge that the NCAA’s report will be coming in the next two days.

The player reportedly said penalties will likely include disqualification from bowl eligibility for the coming season and loss of several scholarships. Past awards, including multiple Heisman trophies, would not be revoked, and USC would retain its 2004 NCAA National Championship.

The brunt of the NCAA’s penalties would likely fall on the basketball team, said the source, despite the school’s self-imposed sanctions on the team during the early part of last season.

Under those penalties, the basketball team was banned from postseason play for one year and forfeited its wins from the 2007-08 season, when O.J. Mayo was on the Trojans’ roster. Former coach Tim Floyd and his staff were accused of recruiting violations related to the recruitment of Mayo.

USC Sports Information Director Tim Tessalone was in a meeting Tuesday afternoon, which, if related to the NCAA sanctions, would suggest a Thursday announcement.

When asked Tuesday about rumors of a report coming this week, USC assistant vice president of media relations James Grant refused to respond.

“I’m not able to answer any questions about it,” he said. “Last week I talked because so many reporters wrote stories saying it was happening [last] Friday.”

“We are not discussing it,” he added.

Grant confirmed Thursday that the NCAA report would not be released until a later date, in a story first reported by Annenberg TV News.

The NCAA’s infractions committee concluded their hearings with the school in late February, with a typical turnaround of six-to-ten weeks before sanctions are announced. The penalties were rumored to be ready for release numerous times in the past month, but so far USC says they have not heard from the NCAA.

Schools typically receive about 48 hours notice before major announcements are made.