It's difficult to know what to believe at this point. It's concerning, because if Pruitt really is mostly in the clear, it sends a pretty terrible message to other coaches, who may be less willing to take on the job after watching this play out. On the other hand, if big recruiting violations did take place, that will also make other coaches have 2nd thoughts about taking the job. And it's not even clear that they'll save the $12 million after the impending legal action.
The whole thing is an embarrassment to the university regardless of the truth.