Complex sentence: As a result of the revelations, Michigan imposed its own sanctions on the basketball program in 2002, vacating its two Final Four games from the 1992 NCAA Tournament and its standing as the tournament's runner-up.
Split into simpler sentences: As a result of the revelations, Michigan imposed its own sanctions on the basketball program in 2002. Michigan vacated its two Final Four games from the 1992 NCAA Tournament and its standing as the tournament's runner-up.