Read the story here: NCAA Warns of Muhammad's Eligibility
It's particularly significant, especially for UCLA, since there is quite a bit riding on Muhammad's recruitment for the Bruins. We've reported that UCLA was in the driver's seat for Muhammad's commitment and that UCLA getting Muhammad could have a big impact on the status of Ben Howland's job, especially in light of the Sports Illustrated article.
Here are a collection of analyses that gets into detail the significance of Muhammad's commitment in regard to Howland.
Given all of this, a contributor to Bruin Report Online, PHS1, wrote a very thorough speculative analysis about Muhammad's eligibility and how it could impact UCLA.
You can read it here: What Could Happen with Muhammad's Eligibility.