re: What is the NCAA statute of limitations?

Yes, there is "statute of limitations". However it means very little. We were nailed in 2002 for a recruit being in the same hotel room with a booster in 1995. First, there was nothing to prove money had changed hands and when the booster, who showed up unannounced he was asked to leave. We of course, said this wasn't a major violation, the NCAA said they believed it was. Then we said the statute was way past and the NCAA said if the pattern shows continuance then the statute doesn't apply so it's basically wrote to "appear" fair and just. Means nothing.

Bottom line, as we were told when we fought some unsubstantiated charges in 01-02 we were told we were a voluntary member of the NCAA and we abided by their rules and they could do what they wanted with no repercussions due to no governing body over them. Look at what they did to Miami with some fabricated evidence.
Here's the deal, if they want you, they get you. They own the ball, the playing field, the stadium and they are allowed to make rules as they go along and the only way to fight it is to leave the NCAA. If they don't want you you'll be alright with a slap on the wrist. If they want to nail you they will and won't answer to anyone. You just need to keep your fingers crossed because the worst thing that can happen has happened. THey are on your campus. When they get on your campus they find more and yes they can add more than the original charges if they want to. This is not governed by ANY legal entity. The NCAA is their own government. All you can hope for is they don't want to nail you. It made Bama a doormat from 2000 (investigation started) to 2007 (when we finally got back to full strength).
Ole Miss would be a doormat for probably 10 or 15 years if you get 30 schollies yanked. As strong SC is, they are still hurting and they got it in 2010. Ole Miss might not ever come back to be honest.