By Jenn Bernstein

PHILADELPHIA (CBS) – It was expected to be revealed on Monday morning exactly what Penn State’s football program is facing.

NCAA leaders planned to announce sanctions at a 9 a.m. press conference in Indianapolis.

Leaders wouldn’t elaborate, but inside reports suggested it would be harsh and likely damaging to the program.

“I think what the NCAA is really going after here, is the culture of the program,” said CBSSports.com’s Bruce Feldman. ”I think that’s what they’re trying to punish.”

A top NCAA official told CBS News they include probation, the loss of football scholarships, a ban on post season bowl games, and a hefty fine.

“It looks like it’s going to be a catastrophic black eye to Penn State Football,” said BAC Sports Management President and Founder Bill Baldini.

He tells Eyewitness News he is hearing it will likely not be the so-called “death penalty,” which would take a season away. But, Baldini says it’s the number of cut scholarships that could spell disaster for the University’s program.

In the past, the NCAA has hovered around the number 30 for past punishments, out of the 85 allowed on a team.

Baldini wouldn’t be surprised if it was more.

“If that’s the case, it’s going to be real tough for Penn State to rebound,” said Baldini.

He also says the fact that Penn State has taken measures like firing certain coaching staff and administrators, as well as removing the statue may have saved it from the death penalty.