Arrests coming due to college bball kickbacks

[RonJohn]

BTW, apparently Miami and Louisville used players that assistant coaches knew to be ineligible because of the actions of the assistant coaches themselves. I don't think it will be possible for the NCAA to NOT have an extremely strong case that coaches at those two schools were procuring money for recruits, and that coaches knowingly played ineligible players.

 

[A Love Supreme]

I bet UNC is happy

 

[kg01]

I bet UNC is happy

This is the distraction they've been waiting for. SMDH

 

[kg01]

Whoa, I hadn't read that the agent/financier had been working with the FBI since 2014. Ohhh snap.



Can't wait for the presser.

#GetchaPopcornReady

 

[Techster]

Does anyone understand what the charges actually are before the press conference? I don't understand what would be illegal about paying players or recruits. I don't understand what would be illegal about paying a coach to talk to a current player about signing with a shoe company. All would be against NCAA rules, but NCAA rules are not law.

As others have noted, it probably involves money laundering, possible tax evasion...and I'm sure a multitude of other charges. FBI likes to throw the book at people and have their lawyers prove their innocent of the charges.

Lots of lawyers are getting rich today.

 

[kg01]

Louisville coach Rick Pitino was asked about Bowen's commitment in June.

"We got lucky on this one," Pitino said. "I had an AAU director call me and say, 'Would you be interested in a basketball player?' I said ... 'Yeah, I'd be really interested.' But [Bowen and his people] had to come in unofficially, pay for their hotels, pay for their meals. So we spent zero dollars recruiting a five-star athlete who I loved when I saw him play. In my 40-some-odd years of coaching, this is the luckiest I've been."

"Lucky" indeed Tricky Ricky

 

[msargent1]

Yikes ...

 

[brandon_cox]

As a lawyer who does federal criminal defense, let me point out the obvious: the guys being indicted are not the ultimate targets. They are not the big fish. The FBI will be looking to flip them for more high profile individuals, such as college coaches. The college coaches have tried to insulate themselves with middlemen but these middlemen are suddenly facing serious jail time. This will be a race to the courthouse to see who can flip first and get the best deal. There are some high profile coaches whose sphincters are very tight right now.

 

[A Love Supreme]

Yikes ...

Can we get Nike back on the line please?

 

[ramblin_man]

Is this PR conference being captured on TV? No one on ESPN is even mentioning this and is minutes away?

 

[Techster]

As a lawyer who does federal criminal defense, let me point out the obvious: the guys being indicted are not the ultimate targets. They are not the big fish. The FBI will be looking to flip them for more high profile individuals, such as college coaches. The college coaches have tried to insulate themselves with middlemen but these middlemen are suddenly facing serious jail time. This will be a race to the courthouse to see who can flip first and get the best deal. There are some high profile coaches whose sphincters are very tight right now.

The beautiful part in all of this is the FBI is independent of the political favoritism that is prevalent in the NCAA. Big time coaches and programs will have no one to shield them now.

Like I said, get your popcorn popping....

 

[JacketFromUGA]

Wait so have they actually been arrested?

 

[Techster]

Is this PR conference being captured on TV? No one on ESPN is even mentioning this and is minutes away?

On ESPN now...

 

[DaltonJacket]

Can we get Nike back on the line please?

I'm sure Nike is not innocent in this either.

 

[ramblin_man]

On Coast to Coast now!

 

[Jean-Baptiste Rochambeau]

It's AUB, OKSt, USC (Trojans) and AZ

The Attorney General is an Alabama guy, so Auburn gets fingered.

 

[Techster]

I'm sure Nike is not innocent in this either.

Nike is flat in the center of it as well.

 

[ATL1]

Can we get Nike back on the line please?

Nike & UA are both involved with this as well.
I highly doubt this effects the deal with Adidas.

 

[RonJohn]

As others have noted, it probably involves money laundering, possible tax evasion...and I'm sure a multitude of other charges. FBI likes to throw the book at people and have their lawyers prove their innocent of the charges.

Lots of lawyers are getting rich today.

I read one of the complaints. It appeared that they are saying : The executives and coaches bribed players to attend. The executives and coaches knew that the players were ineligible to play because of the bribes. The schools were defrauded because they provided scholarships to players that the executives and coaches knew to be ineligible. The executives and coaches conspired together. They laundered the money to hide it.

I'm not a lawyer, but as a logical argument, I would say that the school did indeed get sports use out of the players so no fraud took place. If no fraud took place, then there can't be a conspiracy to commit fraud. Also, if no fraud took place then money wasn't cleaned to cover up an illegal act. At least the complaint I read appeared to use circular logic to arrive at an illegal act.

 

[Peacone36]