2. Newest News
Tuesday, 10 personnel were arrested
4 of these were assistant basketball coaches
FBI has had ongoing investigation for 3 years into
details of the conduct and extent of fraud
3. Involvement in Bribes
College basketball coaches
Financial Advisors
Sports Agents
Marketing Officials
Apparel Company Employees
4. Louis Blazer III
“Ponzi-like Fashion” payment
Would pay clients with other clients money
Wiring money to future NCAA athletes and their
families in order to convince them to commit to certain
schools
Athletes would then give their business when they were
of higher net worth
5. Discussion
How will this impact the future of business relationships
between apparel companies and the NCAA?
What can be put in place to prevent these situations?
What will the outcomes be?
Do these businesses have too much influence in the NCAA?