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US Charges 10 in Crackdown on College Basketball Kickbacks

US Charges 10 in Crackdown on College Basketball Kickbacks

A press release issued on Tuesday morning says a press conference is set at the U.S. Attorney's Office in New York at Noon E.T.to detail the arrests and charges that the coaches are facing.

"Since 2015, the FBI and USAO have been investigating the criminal influence of money on coaches and student-athletes who participate in intercollegiate basketball governed by the NCAA".

Three other assistant coaches were charged - Anthony "Tony" Bland of Southern Cal, Lamont Evans of Oklahoma State and Emmanuel Richardson of Arizona.

In another case, Gatto and the other defendants are accused of agreeing to make payments of up to $150,000 from Adidas to persuade a player to join another team sponsored by the apparel company, according to filings.

Auburn announced on Tuesday afternoon that assistant coach Chuck Person has been suspended without pay by the university.

Prosecutors said Person accepted $91,500 of bribes over 10 months to steer Auburn basketball players he thought capable of joining the NBA to buy suits from Michel and hire an unnamed cooperating witness to provide financial services. Lawyers for Gatto, Person and Richardson did not immediately respond to requests for comment.

Person failed to tell the mother that he was being paid by CW-1 for steering her and her son to the company, according to the complaint.

Pitino has survived two scandals at Louisville. Coach Billy Donovan said the organization will support Thunder players during what's become a contentious time for some athletes. He said the investigation is ongoing.

Court papers portrayed the universities as victims of the schemes, saying they paid out financial aid after their coaches falsely assured them they were unaware of any rules violations. "However, if requested, we will cooperate in any legal or NCAA review of the matter". I think players are in an interesting position in this country when that they have a voice.

Person, the associate head coach at Auburn University, was selected by the Indiana Pacers as the fourth overall pick in the 1986 NBA draft.

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KU, as part of its "Raise the Chant" fundraising announcement, revealed Friday that it had agreed to a 12-year extension with Adidas.

This fallout from this news is just beginning.

As someone who attended the University of Tennessee when all of the other things happened with Pearl, I feel bad for him.

He also warned his player to be careful: "Don't flaunt the stuff you get". Managers and financial advisers circling blue chip prospects like coyotes.