My reaction to this is threefold.
1. The guy initiating the report is Arman Keteyian, the person who put the pressure on Goodell prior to the punishment for the Patriots on Spygate. Goodell and the media were discussing a Broncos like penalty of a third rounder. So, use the word "unprecedented" and then when sanctions are announced on Monday morning, you create controversy when you realize the punishment is lighter than they hype.
2. No hearing means PSU is already on board with this and the NCAA.
3. The fact that they're not waiting for the September trials that are only 45 days away probably means the sanctions will impact this season (otherwise they would have waited because Curley and Schultz are expected to provide a timeline of discussions during those trials, and obviously they will have to fit into the context of the emails and memos they sent).
So, given that the NCAA has elected not to go through procedure for sanctions in this case, and given the way the NCAA operates, this report is probably just hype.
Prepare to be underwhelmed. Because if the NCAA was truly going to give PSU, say, an unprecedented multi-year death penalty, they would have waited until after the trials. No way they punish PSU that severely without a hearing or without more discovery. I'm not saying they don't have enough to punish PSU now--they do. I am saying they would wait 45 days to become 99.9% certain. After all, they took forever in the UConn case just to hear more evidence on phone calls. The last thing the NCAA wants to do now is get itself into a situation, as with Patrick Sellers, where it admits to punishing a person or entity when it doesn't have all the evidence or when evidence contradicts earlier conclusions.
That's why--if there's an announcement Monday--I expect it to be a whitewash, and then you'll see lots and lots of media anger.