News of an alleged college basketball bribery scandal broke this morning. Ten arrests have been including four college coaches. The coaches arrested are Southern Cal’s Tony Bland, Arizona’s Book Richardson, Auburn’s Chuck Person and Oklahoma State’s Lamont Evans. The federal investigation has gone one since 2015.
Allegedly, it appears that an Adidas executive paid athletes thousands of dollars to attend universities sponsored by the athletic brand. Additionally, pressure was put on high school athletes and/or their families to hire certain financial advisers and business planners. According to the Department of Justice, these coaches are accused of “soliciting and accepting cash bribes”.