The Volunteers did receive a fine of $8 million and were placed on probation for five years. They'll also lose 28 total scholarships over the duration of their probation.
Pruitt, meanwhile, received a six-year show-cause penalty, and he'll be suspended for his first full season at a new school if he accepts a job while serving the penalty.
The ruling came after the NCAA determined Tennessee was guilty of 18 Level I infractions, which is the most serious of the three levels.