The NCAA stripped the University of Louisville of its 2013 national basketball title and mandated that the school must vacate 123 wins between 2011 and 2015, the organization said on its website Tuesday. The decision by an NCAA panel denied the Cardinals' appeals in a sex scandal case.

The NCAA’s appeals committee also upheld the Division I Committee’s decision in June 2017 to require the university to return money it received through conference revenue sharing for its appearances in NCAA basketball tournaments during 2012 and 2013, when the Cardinals appeared in the Final Four; and tournament appearances in 2014 and 2015.

It is the first time in modern Division I men's basketball history that a championship was vacated. The Louisville-Courier Journal reported.

The decision ended a two-year process that began after a book published by Katina Powell sparked an NCAA probe in October 2015. In “Breaking Cardinal Rules: Basketball and the Escort Queen,” Powell alleged that former Louisville basketball staff member Andre McGee paid women thousands of dollars and gave them game tickets to dance for and have sex with players and recruits, the Courier-Journal reported.

Louisville officials imposed a postseason ban for the 2016 Atlantic Coast Conference and NCAA tournaments, and then added recruiting sanctions after confirming Powell’s allegations, the Courier Journal reported. Former coach Rick Pitino was suspended for five conference games and appealed the ruling. Pitino dropped the appeal after he was fired in October 2017 after an FBI investigation into college basketball recruiting practices included allegations against the school, the Courier-Journal reported.

In its appeal, Louisville argued that the penalties were “excessive,” the NCAA said.