NCAA and Adidas charged for fraud
October 25, 2017
The recent FBI investigation of the NCAA that exposed bribery and fraud is yet another black mark against college sports, particularly college basketball.
Coaches, basketball teams, and athletic clothing brands and agents have been investigated for possible corruption and fraud.
Adidas employees have been charged with fraud because a company representative allegedly agreed to make payments of $250,000 to recruits if they attended the school that Adidas sponsored.
James Gatto, the director of global sports marketing for Adidas, was accused of working with coaches to bribe recruits to attend Adidas athletic programs.
Coaches accused include Emanuel Richardson, Arizona assistant coach; Bruce Pearl, Auburn head coach; Chuck Peterson, Auburn assistant coach; Lamont Evans, Oklahoma State assistant coach; and the University of Louisville, basketball team, the Louisville Cardinals.
The Louisville Cardinals agreed to pay Brian Bowen, a recruit who is an All-American shooting guard, $100,000 that would be paid through Adidas.
Most of the coaches allegedly accepted bribes from players and different companies.
The Miami Hurricanes, the University of Miami’s football team, worked through Adidas to pay a potential recruit $150,000 to keep him away from playing for one of their rival teams.
As of now, the investigation is on-going, and it is too soon to say what may happen to some of these teams. However, most of the coaches have been fired and charged appropriately.