Coaches from four major varsity basketball teams have been charged with corruption this Tuesday. The prosecution entails them in a plot that received large sums of money from sports representatives, tax consultants and executives from sportswear companies in exchange for persuading their players to hire their services.
For now there are 10 people involved. Coaches are from the University of Arizona, the University of Southern California, the Oklahoma State University, and Auburn University. They are four of the most important teams in a league, the NCAA, which moves masses and millions of dollars a year, sometimes generating as much excitement as the professional league, the NBA. In 2016, the NCAA entered more than $990 million.
There are also businessmen of big brands, tax advisors and sports agents. Jim Gatto, a senior marketing executive at Adidas, is among the defendants for bribing families and college basketball players to accept college-affiliated team offerings to their company. An athlete, Gatto paid $100,000, according to The Wall Street Journal.
Auburn coach Chuck Person, a former NBA star, appears in the court documents accused of accepting tens of thousands of dollars from a tax advisor for getting his players to hire their services.
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