The NCAA had over three years to decide what to do about the supposed academic fraud happening at North Carolina and, at least apparently, they couldn't figure a single thing out.

On Friday morning, the NCAA announced it would release whatever punishment it had for North Carolina in regards to the alleged academic fraud. As it turns out, the governing body of college sports had nothing.

Here is the release from the NCAA:

A Division I Committee on Infractions hearing panel could not conclude that the University of North Carolina violated NCAA academic rules when it made available deficient Department of African and Afro-American Studies “paper courses” to the general student body, including student-athletes.

The panel found two violations in this case – the former department chair and a former curriculum secretary failed to cooperate during the investigation.

“While student-athletes likely benefited from the so-called ‘paper courses’ offered by North Carolina, the information available in the record did not establish that the courses were solely created, offered and maintained as an orchestrated effort to benefit student-athletes,” said Greg Sankey, the panel’s chief hearing officer and commissioner of the Southeastern Conference. “The panel is troubled by the university’s shifting positions about whether academic fraud occurred on its campus and the credibility of the Cadwalader report, which it distanced itself from after initially supporting the findings. However, NCAA policy is clear. The NCAA defers to its member schools to determine whether academic fraud occurred and, ultimately, the panel is bound to making decisions within the rules set by the membership.”

You can find the full release here.

Way to waste over three years of everyone's time.