The long-awaited findings by the NCAA of the Louisville basketball program and their sex scandal has finally arrived, and they’re not pretty.

Louisville released the NCAA’s notice of allegations on Thursday, with the NCAA charging the program with four Level I violations and cited Louisville coach Rick Pitino with failure to monitor an employee.

But despite the released notice from the institution, Louisville will not be penalized for any of its apparent transgressions — yet.

There’s a long process involved with these sorts of investigations, including giving time for Louisville to respond to the notice. Head coach Rick Pitino, athletics director Tom Jurich and interim president Neville Pinto will hold a press conference at noon today to address the allegations, which you can watch here.

Courier-Journal’s Louisville basketball writer Jeff Greer details what exactly the NCAA found during their investigation of the program and what the next steps are in the process in his article, along with an attached video explanation.