India, Aug. 16 -- The NCAA slapped Michigan with a multimillion-dollar fine and suspended coach Sherrone Moore for a third game on Friday following a sign-stealing scandal.

While announcing the punishment for a scandal which has loomed over the program for two years, the NCAA said it had "overwhelming" evidence of a cover-up by the Wolverines staff, the Associated Press reported.

"The panel concluded that an elaborate, impermissible scouting scheme was embedded in the Michigan football program over the course of three football seasons, 2021, 2022 and 2023, and this occurred under former head coach Jim Harbaugh's oversight," Norman Bay, chief hearing officer for the Division I Committee on Infractions, said.

Bay highlighted that apart f...