Report: Markelle Fultz, Kyle Kuzma among NBA players who received agency money while in school
Details are emerging in the FBI’s probe into college basketball – specifically how former NBA agent Andy Miller distributed money (through college coaches) to players, i.e., potential clients.Pat Forde and Pete Thamel of Yahoo Sports:
- Dennis Smith, who would go on to play at North Carolina State in 2016-17, received $43,500 according to the documents. Another document headed “Pina,” for ASM agent Stephen Pina, says Smith received a total of $73,500 in loans, and includes notes about “options to recoup the money” when Smith did not sign with ASM.
- Isaiah Whitehead, at the time a freshman at Seton Hall, received $26,136 according to the documents. The “Pina” document says Whitehead received $37,657 and was “setting up payment plan.” Whitehead signed with ASM but later left the agency for Roc Nation.
- Tim Quarterman, at the time a junior at LSU, received at least $16,000 according to the balance sheet.
- Diamond Stone, at the time a freshman at Maryland, received $14,303 according to the documents.
- A listing that refers to “BAM” for $12,000 is later identified in the documents as Edrice “Bam” Adebayo, who would go on to play at Kentucky in 2016-17. He did not sign with ASM. There’s a later reference to Adebayo that says he received $36,500. “Bad loan,” reads the document.
- Markelle Fultz, who would go on to play at Washington and become the No. 1 pick in the 2017 draft, received $10,000 according to the documents. He did not sign with ASM.
Images attached to the article also show more NBA players, dating quite far back.
My simple reaction: Good for these players. They have a marketable skill, and they deserved to be compensated by the open market for it. It’s a shame the NCAA’s cartel system prevented that.
As Kevin Pelton of ESPN put so well:
The college basketball scandal is not that players got money, which is only a bad thing according to the NCAA's hypocritical rules. The real scandal is coaches being paid to give players bad advice about financial managers.— Kevin Pelton (@kpelton) February 23, 2018