The ‘Dark Underbelly’ of College Basketball
Coaches at four top universities took bribes to push student-athletes toward specific managers and financial advisers, federal prosecutors said Tuesday.
Federal prosecutors filed charges in Manhattan on Tuesday against 10 people, including four basketball coaches at top-tier universities and an Adidas executive, for allegedly exchanging bribes and kickbacks. They’re accused of funneling star players, including high-school prospects they sought to recruit, toward managers and financial advisers who paid them off.
“The picture painted by the charges brought today is not a pretty one: coaches at some of the nation’s top programs soliciting and accepting cash bribes, managers and financial advisers circling blue-chip
