As march madness approaches, college basketball is in the spotlight. Lately, the sport has also been in the spotlight for some of the wrong reasons–specifically, an FBI probe into the NCAA, and alleged bribery crimes committed by college coaches, agents, and officials of large shoe companies.
The NCAA Scandal
The investigation stems from allegations that college coaches knew of, organized, or encouraged shoe companies to pay players to attend certain schools. In return, when and if the players turned pro, they would sign with the shoe company as an endorser, and with the sports agent that helped make the deal happen.