That's 3 more years of reduced scholarships and no bowl game or Pac12 title game, this year. Also, upperclassmen can still transfer out with no eligibility penalty.
I wonder what kind of effect this will have on the program, long term? Will they shrug it off immediately and return to prominence? Or will they be down a while?
They'll still be pretty good. Similar to a Okie State of the Pac-12 for the next 4-5 years. This actually probably helps Oregon more than hurts USC. Oregon is now the place to be in Pac-12 country.
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