Report: FBI subpoenas Nike's youth basketball program
(TSX / STATS) -- The other shoe could be about to drop in the widespread investigation into bribery, fraud and corruption in college basketball.
"Employees of Nike's Elite Youth Basketball League have been subpoenaed by FBI for furtherance of investigation," attorney and Forbes contributor Darren Heinter tweeted on Wednesday, citing unidentified sources.
That news comes one day after Adidas director of global sports marketing Jim Gatto, four college basketball assistant coaches, agents and financial advisers linked to several different universities bribed collegiate basketball players.
In a formal complaint released Tuesday before a press conference in New York, the FBI alleges Gatto, Adidas employee Merl Code, former agent Christian Dawkins and financial adviser Munish Sood aligned to pay $100,000 to the family of a highly touted recruit.
"We have your playbook," New York FBI assistant director in charge Bill Sweeney said Tuesday in New York. "Our investigation is ongoing, and we are conducting additional interviews as we speak."
Nike's Elite Youth Basketball League has become one of the nation's premier travel programs for high school-aged players and younger since it debuted in 2010.
Updated September 27, 2017