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CBB Trial

'How do these guys keep their jobs?' Major NCAA programs prepare for federal corruption trial fallout

>>“The other shoe is dropping, and it’s dropping hard,” said Notre Dame coach Mike Brey. “It’s amazingly captivating, and I have a feeling it’s going to be a lot worse before it gets better. This is really a crossroads.”

The intriguing part of the sport’s dirty laundry being hung across social media is that it’s actually part of the plan for defense attorneys in the case. To prove the innocence of two men affiliated with Adidas (Jim Gatto and Merl Code)a runner (Christian Dawkins), the lawyers are demonstrating in detail the pervasive nature of transactions that violate NCAA rules — but may not violate the law. Stephen L. Hill, a partner at Dentons in Kansas City who prosecuted the Myron Piggie case a generation ago, summed up the strategy this way: “We admit to everything. We’re going to burn down the house completely and you can’t convict us for burning the house down. It was a bad house to start with.”<<

>>It remains unclear what evidence the NCAA would be able to import from this trial, and the process of determining that could be arduous. The NCAA membership has long called for faster investigations, but legal challenges to importation would snarl a process meant to expedite the disposition of cases. These are all challenges that the NCAA — and perhaps more acutely, its member schools — must reconcile quickly. A new season draws nigh, and the damage done to the credibility of college basketball by another year of university inaction in response to scandal would be immense.

“There better be some ineligible players this year,” Brey said. “Some guys better not be playing. It’s on NCAA enforcement to get moving.”<<
 
intlzncster said:
Brian Bowen Sr. may testify Thursday, what he says could rock college basketball


If people are shocked by now they really haven't been paying attention lately, never mind for the past few decades.
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This is why I think our posters/fans should tread lightly when mocking other schools for violations/paying players. Besides the fact we haven't been a completely clean program, there's virtually no way to compete at the level we have, without having some skeletons in the closet. I have no first-hand knowledge, but if our fans think our only transgressions are what we've been punished for, I think that's pretty naive.

Just hoping we come out the other side of this clean.
 
WingU-Conn said:
This is why I think our posters/fans should tread lightly when mocking other schools for violations/paying players. Besides the fact we haven't been a completely clean program, there's virtually no way to compete at the level we have, without having some skeletons in the closet. I have no first-hand knowledge, but if our fans think our only transgressions are what we've been punished for, I think that's pretty naive.

Just hoping we come out the other side of this clean.
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Yup. I will only mock instances like UNCs and Louisville's, as they were so far beyond the pale. If we had a situation like UNCs, we are the biggest losers ever, as we still managed to get APRed in the butt.
 
intlzncster said:
Yup. I will only mock instances like UNCs and Louisville's, as they were so far beyond the pale. If we had a situation like UNCs, we are the biggest losers ever, as we still managed to get APRed in the butt.
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100% agree, but comments like "L$U" or "NC $tate" are stupid. I'd bet my left nut we found a way to get a family some benefit$.
 
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intlzncster said:
Uh, what about the claims they appropriated those cash payments to bogus expenses accounting wise? Isn't that laundering, wire-fraud, or something like that?
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Not from an accounting perspective. If they recorded bribes under pest control, it still goes to opex and the financials are right. That's the issue here - what they did might not be crimes, even if NCAA violations.
 
J187Money said:
Not from an accounting perspective. If they recorded bribes under pest control, it still goes to opex and the financials are right. That's the issue here - what they did might not be crimes, even if NCAA violations.
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But if it's recorded as an expense? And hence a write-off? Is that not tax dodging? Idk as I don't have much experience in this.
 
intlzncster said:
But if it's recorded as an expense? And hence a write-off? Is that not tax dodging? Idk as I don't have much experience in this.
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It is an expense. It might not be deductible - but that is a tax return issue, not a financial statement issue. So it might come up in a tax audit situation, but let's go crazy and say there are $5M a year of such non-deductible payments and the tax returns were filed incorrectly. a) that's not a significant issue on a company the size of Adidas, b) the IRS will just disallow the deduction and they will have to pay the tax, c) it isn't really "fraud" unless they end up lying to the IRS about it during an audit process.
 
JeepCSC said:
I see no discrepancy. The cars don’t get the payment when they are bought, the dealership does. They are treated as commodities by all involved, including by the NCAA.
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But they're not commodities, they're workers who just aren't, yanno, paid for their work.
 
andy34 said:
But they're not commodities, they're workers who just aren't, yanno, paid for their work.
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Except for that pesky 200k scholarship. 250k if they go 5 years. Plus, if we're being honest, all the birds and post college connections you could ever want.

Not saying everything is equitable for major sports, but don't pretend like they get nothing out of the deal. Nearly 100% of dudes would be D1 athletes if they could, so it's obviously a huge benefit.
 
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intlzncster said:
Want Arizona in the crosshairs bad.

Damn, how about Creighton tho, huh? That's how you play with the big boys.
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This is what happens when your kid graduates and his natural ability was the only thing that could make you successful.
 
Stainmaster said:
This is what happens when your kid graduates and his natural ability was the only thing that could make you successful.
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Not gonna lie, wish my nonexistent kid could do the same things as Brian Bowen
 
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How do the shoe companies possibly recoup that money? $100,000 for the #20 recruit? Considering it's a risk that A) they make it big enough to sell any shoes at all outside of the top 10, B) they even sign with your company after they make it big or get drafted, C) any result won't be for YEARS and you could just invest that money elsewhere, and D) there's some % chance you could sign them even without the college steering once they made it big.

I know shoe margins are high, but there's less than 20 guys in the NBA with their own shoe, let alone #20 in a particular high school class.
 
A10 fan said:
He's talking about Doug McDermott, not Bowen.
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Aaaaahhhhhhhhh, got it. Makes more sense.

Still wish my nonexistent kid could ball like Bowen tho
 
auror said:
How do the shoe companies possibly recoup that money? $100,000 for the #20 recruit? Considering it's a risk that A) they make it big enough to sell any shoes at all outside of the top 10, B) they even sign with your company after they make it big or get drafted, C) any result won't be for YEARS and you could just invest that money elsewhere, and D) there's some % chance you could sign them even without the college steering once they made it big.

I know shoe margins are high, but there's less than 20 guys in the NBA with their own shoe, let alone #20 in a particular high school class.
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It's more about holding on to your spot. If you get kids to school's that want them, they're more likely to hold you in good favor. Contracts with schools, access, any kind of ancillary benefit you can think of. And any kid who goes there who blows up, regardless of whether they were with you or not, is essentially yours when he goes pro.


And universities are effectively marketing their brand for them.
 
intlzncster said:
Except for that pesky 200k scholarship. 250k if they go 5 years. Plus, if we're being honest, all the birds and post college connections you could ever want.

Not saying everything is equitable for major sports, but don't pretend like they get nothing out of the deal. Nearly 100% of dudes would be D1 athletes if they could, so it's obviously a huge benefit.
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$200K scholarship? You mean the thing that can be revoked after any year and is full of easy classes because even the university doesn't consider education a priority? It's the bare minimum, and hardly worth that much. They deserve to be paid over the table, straight up.
 
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andy34 said:
$200K scholarship? You mean the thing that can be revoked after any year and is full of easy classes because even the university doesn't consider education a priority? It's the bare minimum, and hardly worth that much. They deserve to be paid over the table, straight up.
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The scholarship is massively valuable AND they deserve to be paid over the tab;e at revenue generating schools.

Simple.
 
intlzncster said:
It's more about holding on to your spot. If you get kids to school's that want them, they're more likely to hold you in good favor. Contracts with schools, access, any kind of ancillary benefit you can think of. And any kid who goes there who blows up, regardless of whether they were with you or not, is essentially yours when he goes pro.
And universities are effectively marketing their brand for them.
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Also, Adidas revenue (according to the internet) was north of $20 Billion last year. $100k is a drop in the ocean.
 
andy34 said:
$200K scholarship? You mean the thing that can be revoked after any year and is full of easy classes because even the university doesn't consider education a priority? It's the bare minimum, and hardly worth that much. They deserve to be paid over the table, straight up.
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Well if it's worth that little, I guess they should give it out to all the students.

And if the kid wants to take real classes, he can. Plenty do it. If they don't want to, they don't.

Really though, it should just turn into a semi pro league. No association w the school other than the unis and the arena. No classes, no school life, no nothing. And pay the players as employees.
 
WingU-Conn said:
This is why I think our posters/fans should tread lightly when mocking other schools for violations/paying players. Besides the fact we haven't been a completely clean program, there's virtually no way to compete at the level we have, without having some skeletons in the closet. I have no first-hand knowledge, but if our fans think our only transgressions are what we've been punished for, I think that's pretty naive.

Just hoping we come out the other side of this clean.
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Yup.

Never ask how the Tuna is caught.
 
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