NBC News: "The FBI Has Arrested Several NCAA Assistant Basketball Coaches"

[Stickboy46]

Apparently Nike EYBL Employees have been subpoenaed in conjunction with this. I think the 2nd can of worms is getting ready to open.


Maybe Coach Cal is up next!

[BostonWu]

No one will get the death penalty. How is this worse than UNC's academic scandal?

How about happy valley?

[Stickboy46]

No idea if true ..

https://twitter.com/rynjrgr/status/913076709775302657

Three government issued Chevy Tahoes just left Naismith Drive with computers belonging to Kurtis Townsend and Jerrance Howard. Gulp.

EDIT: Most likely fake account

[SHOCKvalue]

Anybody know what our new deal with UA is? In Sully's article a few months ago, he stated that WSU declined to comment on the specifics, which was stinky then, but in today's context it could be getting pretty ripe. I mean, I understand it is not one of these nine figure deals, but not being an open book on the issue is increasingly a bad look.

[1972Shocker]

This thread is moving so quickly I haven't had time to keep up with all of it but I need an accountant on this board to explain to me how the shoe companies hide the large sums of outgoing cash from their own bean counters. Thanks in advance.

On their financial statements $100,000 or even a mil or two is probably not that difficult to hide. Probalby just reported as a marketing expenditure. Sounds like the spend a ton of money on their AAU circuits. It could probably be buried their pretty easily. Now how many people knew what was going on inside the company is a whole other question. It's much harder for one person to do this than a few people but it gets much easier the higher up you go in the ranks and sounds like Gatto was pretty high up.

[Dan]

Seems like a lot of people have "sold their soul's to the soles (Nike, Adidas, Reebok, Puma, Jordan, Under Armor, etc.,)."

In other news, Converse on the Verge of Making a Major Comeback!

[shocks02]

This just keeps getting better and better.

[1972Shocker]

https://twitter.com/adamzagoria/stat...81776372895744

Am I allowed to take pot shots at K-State now?

Yes, I've seen that stuff before from and about Michael Beasley. That was under Huggy Bear's watch wasn't it?

[OregonShocker]

Apparently Nike EYBL Employees have been subpoenaed in conjunction with this. I think the 2nd can of worms is getting ready to open.


Maybe Coach Cal is up next!

No way! He's as clean as....NM.

[wsushockerdude]

Local Kentucky radio claiming unmarked FBI vans have scoured the Louisville practice facility and left with multiple laptops. Someone bring me some popcorn!

[chitown_shocker]

In other news, Converse on the Verge of Making a Major Comeback!

Converse is owned by Nike.

[AndShock]

No idea if true ..

https://twitter.com/rynjrgr/status/913076709775302657

Awww, fake :(

[ShockCrazy]

Anybody know what our new deal with UA is? In Sully's article a few months ago, he stated that WSU declined to comment on the specifics, which was stinky then, but in today's context it could be getting pretty ripe. I mean, I understand it is not one of these nine figure deals, but not being an open book on the issue is increasingly a bad look.

The reason the numbers weren't reported at the time was that the terms weren't completed. They were still working out the details with regards to programs having contracts that ended at various times. We will eventually get a good idea of the amounts when we see the yearly accounting for the AD, which is public record. I don't see anything fishy here.

[Walker]

if you haven't watched the Sonny Vacarro documentary, you should. He basically started the culture of aligning shoe companies with high school and college athletes. I'm sure the shoe companies knew exactly what was happening, they helped create it.

That was an eye opening documentary. Certainly gives some insight into what we are seeing right now. It'll be interesting to see how or if at all, this will change the dynamics between the college hoops mafia and the shoe companies with the feds finally getting involved.

[SHOCKvalue]

The reason the numbers weren't reported at the time was that the terms weren't completed. They were still working out the details with regards to programs having contracts that ended at various times. We will eventually get a good idea of the amounts when we see the yearly accounting for the AD, which is public record. I don't see anything fishy here.

What yearly accounting are you referring to, from a public perspective?

There's certainly the Equity in Athletics database, but that doesn't have anywhere near the resolution necessary to decipher shoe deal numbers from the data provided.

Besides, WSU inked a deal with UA with specifics that were unknown? I'm not seeing it. Just because a contract goes into force tomorrow doesn't mean it is an unknown today.