UPDATE: Rick Pitino reportedly fired as Louisville basketball coach
By Steven Kutz, MarketWatch
Adidas allegedly paid a high school student's family $100,000 at the request of a Louisville coach
Rick Pitino, the highest paid coach in college basketball, was fired (https://www.si.com/college-basketball/2017/09/27/louisville-fbi-investigation-rick-pitino-brian-bowen?utm_campaign=si-ncaabb&utm_source=twitter.com&utm_medium=social&xid=socialflow_twitter_si) by Louisville on Wednesday, Sports Illustrated reports. It came a day after federal investigators charged 10 people with fraud and corruption related to paying high school players to attend certain colleges.
Representatives from Adidas reportedly paid a high school player's family $100,000 (http://www.espn.com/mens-college-basketball/story/_/id/20834710/louisville-head-coach-rick-pitino-athletic-director-tom-jurich-out) at the request of a Louisville coach, according to federal prosecutors.
On Tuesday, assistant coaches at Auburn, the University of Arizona, University of Southern California and Oklahoma State were charged, and the FBI and federal prosecutors in New York arrested James Gatto, director of global marketing for Adidas basketball. He was charged with conspiring with coaches to pay players to attend certain schools sponsored by Adidas.
Also see:Ex-NBA star Chuck Person, Adidas executive charged in NCAA basketball corruption probe (http://www.marketwatch.com/story/ex-nba-star-chuck-person-adidas-executive-charged-in-ncaa-basketball-corruption-probe-2017-09-26)
"The picture painted by the charges brought today is not a pretty one," said Joon Kim, acting U.S. Attorney for the Southern District of New York. Kim also said that coaches at some of the nation's top programs were caught "soliciting and accepting cash bribes."
Pitino, 65, said in a released statement after the charges were announced, "These allegations come as a complete shock to me."