There was some interesting stuff in the Lynchburg News and Advance at the time. Some excerpts from one article:

Liberty’s athletic director, Ian McCaw, said, “ ‘We did a lot of vetting and we included our compliance office, and...[Ole Miss] received very serious sanctions, but his role was deemed very minor.... the infractions report said his head coach responsibility was commendable and...he did everything within his ability to have a very compliant football program. That spoke volumes to us.... [W]e feel really good about...his character...his commitment to compliance, and we’re confident we have just hired one of the best football coaches in the country.”

(Note that Freeze was hired four whole days after Coach Turner Gill resigned for family reasons.)

Freeze made a public apology: “His first public appearance following his resignation from Ole Miss came at Liberty in late January of this year when he and his wife, Jill, appeared at one of the thrice-weekly convocation services. Freeze...[spoke] about his faith and publicly apologize[d] for his indiscretions.”

Jerry Jr. weighed in on the matter, as well:

“ ‘It’s just part of Liberty’s DNA to give people second, third and fourth chances,’ Liberty University President Jerry Falwell Jr. said Friday of the Freeze hire. ‘ … That’s one of the things that’s unique about Liberty.’ ”

The Almighty forgives, I reckon.

(See link for full article.)