From CBSSports
The problem that Cam Newton faces is that his father's reported admission, while certainly nice-sounding, might not preserve Cam's eligibility; Mississippi State was led to believe that it would need to pay for Cam to play there. That in and of itself is not only a SEC violation, but also a NCAA violation.
From the SEC Constitution:
14.01.3.2 Financial Aid.
If at any time before or after matriculation in a member institution a student-athlete or any member of his/her family receives or agrees to receive, directly or indirectly, any aid or assistance beyond or in addition to that permitted by the Bylaws of this Conference (except such aid or assistance as such student-athlete may receive from those persons on whom the student is naturally or legally dependent for support), such student-athlete shall be ineligible for competition in any intercollegiate sport within the Conference for the remainder of his/her college career.
From NCAA Bylaws (amended October 27th, 2006)
14.01.3 Compliance with Other NCAA and Conference Legislation.
To be eligible to represent an institution in intercollegiate athletics competition, a student-athlete shall be in compliance with all applicable provisions of the constitution and bylaws of the Association and all rules and regulations of the institution and the conference(s), if any, of which the institution is a member. A violation of this bylaw that relates only to a violation of a conference rule shall be considered an institutional violation per Constitution 2.8.1; however, such a violation shall not affect the student-athlete’s eligibility. Specific attention is called to legislation affecting eligibility in the following areas.
To summarize,
• There are the original allegations by Bond, Mullin, and MSU of the Pay-For-Play demands by Cecil Newton, thru both himself and Kenny Rodgers.
• There were interviews held by the FBA and NCAA regarding this so called Pay-For-Play Scheme.
• According to WSB-TV2 in Atlanta, Ga., Cecil Newton admits to the request made to MSU, but asserts neither Auburn, Cam, or Cam’s mother knew about it.
• Slive and SEC suspend BPearl for 8 games while NCAA investigation still underway, for “substantiated and established evidence” of wrong-doing on the part of Pearl regarding recruiting violations, a direct violation of the rules and charter governing the Southeastern Conference.
I don't think this is going to die down - it's just too blatant