UCLA's basketball team has been placed on two years' probation by the NCAA for numerous violations, ranging from financial arrangements for players to giving a recruit a T-shirt.

The university, informed of the impending probation several weeks ago, announced it would not appeal.

Thus the Bruins, who won 10 national basketball championships under Coach John Wooden from 1964 through 1975, will be barred from this season's NCAA tournament and National Invitation Tournament. The Bruins will be eligible for postseason competition in 1983.

In addition, the university has been told to "disassociate one representative of its athletic interests from participating in any recruiting activities on behalf of the university in the future," the NCAA said in a prepared news release. The NCAA said UCLA already has taken such action against a second representative; in accordance with NCAA policy, no names were released.

The Bruins are ranked No. 17 in this week's Associated Press poll. They have 60 victories in NCAA tournament competition. In 1980, they finished second, losing to Louisville in the final.

As part of the sanctions, however, the Bruins' finish in that tournament will be voided, because "certain violations . . . affected the eligibility of two student-athletes at the time they participated." The school will be required to return its trophy and the two players' awards as well.

Part of the investigation allegedly dealt with the acquisition of late-model automobiles for four freshman players during the 1979-80 school year. Those players are Rod Foster, Michael Holton, Cliff Pruitt and Darren Daye. All are now juniors and members of the UCLA varsity.

The earliest basketball violation cited by the NCAA occurred in 1977, two years after Wooden retired and was replaced by Gene Bartow. Bartow coached for two years, then was replaced by Gary Cunningham, who coached the next two seasons. Larry Brown was the Bruin coach for two years after that, and Larry Farmer was named head coach prior to this season.

The violations included allowing basketball players to sell game tickets in excess of their face value, free use of cars, cash payments to basketball players, lodging and meals for recruits' relatives, providing reduced apartment rentals, and an assistant coach's gift of a T-shirt to a recruit, the NCAA said.

Earlier penalties imposed by the Pacific-10 Conference on the UCLA football program were accepted by the NCAA Committee on Infractions, and no additional sanctions were applied in that sport. The conference penalty, which was related to violations of academic standards, barred the school from any bowl games following the 1980 season and required UCLA to forfeit six games from the 1977 season.