The U.S. Attorney for the Southern District of New York, in conjunction with the FBI, issued a warning shot to college basketball coaches across the country Tuesday, when news broke that 10 men with ties to college basketball — including four prominent assistant coaches at Power Five schools, and a high-level executive at Adidas — have been indicted in a major scandal involving fraud, bribery, money laundering and corruption. 1,372 more words
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NEW YORK (AP) — In one of the biggest crackdowns on the corrupting role of money in college basketball, 10 men — including a top Adidas executive and four assistant coaches — were charged Tuesday with using hundreds of thousands of dollars in bribes to influence star athletes’ choice of schools, shoe sponsors, agents, even tailors. 940 more words
Last month, Georgia Tech allied its athletic program with Adidas. As of Tuesday morning, Adidas has — to borrow a line from a Tech employee — bigger fish to fry. 649 more words
Breaking news out of the college basketball world today. As ten people including four college basketball assistant coaches have been arrested by the FBI stemming from an ongoing corruption and bribery investigation. 490 more words
The NCAA is facing another significant scandal.
The FBI announced Tuesday that it has arrested four men’s basketball assistant coaches — Auburn’s Chuck Person, Arizona’s Emanuel Richardson, USC’s Tony Bland and Oklahoma State’s Lamont Evans — on federal corruption charges. 237 more words