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News Roundup

Sports fans across the country were shocked this week to learn that for several years the FBI and federal prosecutors have been investigating what one prosecutor has described as “the dark underbelly of college basketball.”  As part of an investigation that may reveal widespread corruption, federal criminal complaints against several people associated with various college basketball teams were made public on Tuesday.  The story is complex and still developing, but a New York Times article says that “two broad schemes” have been alleged.  One involves assistant coaches who allegedly were bribed to persuade players to use certain financial advisors after turning pro.  The other involves Adidas secretly giving money to certain players and their families in exchange for the players’ commitments to play at Adidas-sponsored schools.  Keep reading for more news.

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