re: Now that the dust has settled…where does this Wade scandal rank

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An excellent synopsis.
For the conference's sake, I hope they don't destroy the program. Even though it's an embarrassing situation for ALL the SEC teams, LSU is an old, and recognized program that has provided great traditional episodes for the conference, and their quirky fan base's personality has added to the uniqueness of the conference.
Punish the guilty, but don't kill the institution.

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Solid take. Then again, watching them melt after getting hammered would be a lot fun. It's a win-win situation imo.