Adidas DED

GTRules said:
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TampaBayJacket said:
Im kind of curious why this is a federal crime rather than a NCAA recruiting violation? I mean, I'd rather the FBI spend three years resources to bring down an organized crime gang than focusing on some recruiting shenanigans that *everyone* knows goes on at *every* school (except pure as snow GT, of course). It just seems like such a waste of time and money?
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Duh.....Pitino....just saying.
 
I think we can all agree that as long as everyone involved in college sports makes an obscene amount of money, other than the players, then all is well
 
Funny that Petrino, Mr. Integrity, is the guy left standing at Louisville
 
There is no way Adidas will represent Tech. Check out the ESPN article...
 
floridajacket said:
The complaint alleges fraud of scholarship money from the Universities. Then there is money laundering because of a bunch of fake PO's, invoices and checks. But money laundering needs an underlying criminal act, which is technically defrauding NCAA. It's legally true, but absurd.

From what I can tell, the FBI didn't go out looking for it. FBI has a "CW-1" at many of the meetings, who I guess got in trouble for a real crime and flipped on this Mickey Mouse öööö. It made a good press release to say sleazy agents and big shoe companies are laundering money. But everybody except the Universities are better off in the transaction (i.e. players, assistant coaches and companies).
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How are the other companies that didn't bribe their way into winning contracts better off? The Russells of the world? Is it a surprise that schools are abandoning these smaller companies in favor of the large companies that seem to help bring talent to their schools? It turns out that kids don't like going to Adidas, UA or Nike schools just because they like what their shoes look like, but because those companies are paying students to go to schools that sign contracts with them, helping land them future business.

Everyone says that sports are big business because it's true, there are large contracts and real dollars at stake here. And like in business, bribery and corruption is illegal.

How is paying a family $100,000 under the table in order to secure a future contract worth millions 'Mickey Mouse shit'? How is paying a coach $50,000 so that he can exert his influence at a public institution to direct business to you 'Mickey Mouse shit'?

Are you mad that there is a prosecutor investigating the City of Atlanta for developers making payments to win contracts? Is that Mickey Mouse shit too, where everyone is better off?

Just because the sports world has been corrupt as shit for a long time doesn't mean its not illegal or worth FBI time to investigate.
 
NatiJacket said:
How are the other companies that didn't bribe their way into winning contracts better off? The Russells of the world? Is it a surprise that schools are abandoning these smaller companies in favor of the large companies that seem to help bring talent to their schools? It turns out that kids don't like going to Adidas, UA or Nike schools just because they like what their shoes look like, but because those companies are paying students to go to schools that sign contracts with them, helping land them future business.

Everyone says that sports are big business because it's true, there are large contracts and real dollars at stake here. And like in business, bribery and corruption is illegal.

How is paying a family $100,000 under the table in order to secure a future contract worth millions 'Mickey Mouse öööö'? How is paying a coach $50,000 so that he can exert his influence at a public institution to direct business to you 'Mickey Mouse öööö'?

Are you mad that there is a prosecutor investigating the City of Atlanta for developers making payments to win contracts? Is that Mickey Mouse öööö too, where everyone is better off?

Just because the sports world has been corrupt as öööö for a long time doesn't mean its not illegal or worth FBI time to investigate.
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Sorry to get you riled up.

What really got me riled up was reading the FBI affidavit and press release. It really doubled down on the white-as-snow "Rudy" version of college athletics. It said basically that "these schools sell 'hoop dreams' but these sleazeballs take it all away."

To put my thoughts into context, while Adidas promised to pay a kid $100k, they were paying Louisville $16 million a year for the contract. The charge was that Louisville and the NCAA were victims of criminal fraud, not the kid or other athletic companies or even Adidas shareholders.

The debate over amateurism has been done before, but like this editorial says, this is about amateurism and not crime.

https://www.bloomberg.com/view/arti...-ncaa-s-dirty-work-in-college-basketball-case

It's not at all like the City of Atlanta contract rigging. That would be the adidas guy giving himself a kickback, thereby defrauding Adidas shareholders like the taxpayers of Atlanta were defrauded. But that's not what happened. Apparently the market values the shoe brand Adidas wears with $16 million a year. If everything was allowed to happen in the light, the athlete would receive far more than $100k or <1% of the Louisville contract value.

Finally, there are dozens upon dozens of similar frauds committed against the NCAA. The Miami ponzi scheme guy confessed to it to Yahoo and he was already in federal jail. As far as I know, fraud charges were not added on. You have Cam Newton, SMU, Reggie Bush, Ole Miss, etc. The frauds never went up to federal arrests.

Basically, I found the "hoop dreams" thing to be really grating. Sure, maybe there is a fraud case to be here, but the big underlying issue is the whole amateurism thing to begin with. There was a reason why the Olympics dropped it.
 
floridajacket said:
The Miami ponzi scheme guy confessed to it to Yahoo and he was already in federal jail.
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I enjoyed your post and I am not trying to go off-topic, but this gave me a vision or a hallucination. Years from now, Mark Richt has retired from coaching and hosts a local Atlanta sports radio show called "Radio Retirement with Reverend Richt" which doesn't so much talk about football, really, as it does life lessons and being a good man - or woman, the Reverend doesn't judge anyone who's straight, white, right with the Lord.

One day, 11AM ticks on and past but the show doesn't begin on 690 The Man (the new, only sports station in town, owned, funded, hosted, produced and listened-to exclusively by Steak Shapiro from the basement of his new restaurant "Leaf" located at the corner of Peachtree and an actual, rotting tree somewhere in the deep recesses of the North Georgia forest.) Instead, all that can be heard is a replay of Chuck Dowdle's live (horrifically botched) cryogenesis attempt. Shapiro rushes in a panic to a nearby motel to call his own cellphone and find out why his Personal Lord and Savior is not on the air, but it will be years before anyone discovers his body and no one will attempt to figure out what happened (He hadn't actually gone to a motel a all, he had jumped on a baby bear's back and was attempting to turn its ear like a car key when its mother knocked him off. She probably would have left him alive if he hadn't smeared himself with Boston cream.)

Meanwhile, far away, a press conference begins on Channel 2 with none other than Mark Richt seated before a familiar red backdrop and a dark, shapeless hovering presence over his shoulder. The Reverend speaks, barely in a whisper, and explains that his reasons for cancelling the show and appearing before us in a form we can comprehend are two-fold: First, to publicly plead not-guilty to the charges of his involvement in a failed Ponzi scheme wherein he received millions of dollars from Athens residents, promising a return on investment in the form of a Brand New Ford F-150. "I did all of this," he explains "but I have never felt guilty. And I have never failed." The figure behind him begins to stir, stifling the cries of souls lost, trapped somewhere in a place beyond salvation.

"Second," Richt says, as the abyss blooms around him "as I speak, Brand New Ford F-150's are being unloaded into the patches of dead grass at every trailer, home and hole in Clarke County as promised, one for every man, woman, child and preserved fetus in a Smuckers jar." And it's true. Hundreds of thousands of trucks are delivered that day. But there is no further explanation, and Richt is not seen after he introduces the living shadow behind him as Ed Tolley who only says "It is not a crime to not be very good," before enveloping the screen in pitch. And then silence. Richt is not seen or heard from again.

Later in the year, the leaves have changed and begun to fall. It's Saturday in Athens. A much-hyped season opener has been scheduled against the Miami Hurricanes, but both the barking crowd and team are baffled when the Canes never emerge from the locker room. It is 7:59 PM ET when the confused visage of Mark Jones appears from the booth on screens tuned to ESPN2. He glances off-camera and presumably intends to express his bewilderment, but just before he has the opportunity to open his mouth, the clock hits 8:00. All at once, thousands and thousands of bright red SuperCrews detonate, fire and anguish ripping through every square inch of the cesspool of the south.

And that's it. Richt vanishes forever after giving the world an explosive enema.
 
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