(ESPN) -- The Louisville men's basketball program will have to vacate its 2013 national championship and 2012 Final Four appearance after the NCAA denied its appeal of what the school described as "Draconian penalties" levied against the team last year.
The NCAA announced its ruling Tuesday. Louisville interim president Greg Postel said in a statement Tuesday that the school still disagrees with the NCAA's ruling.
"I cannot say this strongly enough: We believe the NCAA is simply wrong," Postel said. "We disagree with the NCAA ruling for reasons we clearly stated in our appeal. And we made a strong case -- based on NCAA precedent -- that supported our argument."
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