Posey, who has already served a five game suspension for his involvement in the unrelated tattoo and memorabilia scandal, will be available for only Ohio State's final two regular season games. If Ohio State gets a bowl berth, Posey will play in a third game in his final season with the Buckeyes.
Offensive lineman Marcus Hall, defensive lineman Melvin Fellows and running back Daniel Herron will miss Saturday's game at Nebraska. All four athletes must also repay the excess amount they were paid from booster Bobby DiGeronimo, who has since been banned from involvement in Ohio State athletics.
Ohio State athletic director Gene Smith, who said in a press conference early this week he's confident that the latest violations won't lead to harsh punishment from the NCAA, was displeased with the ruling on Posey.
"I am extremely disappointed with the NCAA's decision regarding DeVier Posey," he said in a statement. "This penalty is harsh considering the nature of the violation and the five game suspension already served by this student athlete."
Posey was overpaid by $728 dollars, the most of any of the four athletes employed by DiGeronimo. Herron and Fellows both accepted $292 in excess money and Hall received $230.