A bombshell article published Friday morning by Pat Forde and Pete Thamel of Yahoo! Sports details potential NCAA violations involving more than 20 schools and 25 players.
Several of the biggest names and programs in college basketball were referenced in the Yahoo! report, including former Maryland Terrapin, Diamond Stone.
According to documents and bank records that are part of an FBI investigation, Stone received $14,303 while a freshman at Maryland, a clear violation of NCAA rules.
Former NBA agent Andy Miller of ASM Sports was the primary handler dishing out incentives, which included cash advances, entertainment expenses and travel expenses for high school and college prospects.
Other players referenced in the documents include Dennis Smith who played at North Carolina State, Isaiah Whitehead from Seton Hall, DeMatha star Markelle Fultz who played at Washington and Edrice "Bam" Adebayo who went on to play at Kentucky.
Player's and their families from Duke, Michigan State, USC, North Carolina, Texas and Alabama were also included.
Stone played for the Terps during the 2015-16 season before declaring for the 2016 NBA Draft. He was selected 40th overall by the New Orleans Pelicans and traded to the Los Angeles Clippers.
Maryland head coach Mark Turgeon postponed Friday morning's media availability, but he did release the following statement through the school.
"Late last night we were alerted of a report associating one of our former student-athletes with an agent. We are extremely disappointed, and we will fully cooperate with any investigation. I do not have a relationship with Andy Miller or anyone from his agency, and at no time have I ever had a conversation with Andy Miller or his agency regarding any Maryland basketball player. We remain steadfast in upholding a program of integrity that reflects the values of our University community."
Stone did end up signing with a different agency.
While this is still under investigation, large consequences for the NCAA can be expected.
The NCAA also released a statement following the news.
These allegations, if true, point to systematic failures that must be fixed and fixed now if we want college sports in America. Simply put, people who engage in this kind of behavior have no place in college sports. They are an affront to all those who play by the rules. Following the Southern District of New York's indictments last year, the NCAA Board of Governors and I formed the independent Commission on College Basketball, chaired by Condoleezza Rice, to provide recommendations on how to clean up the sport. With these latest allegations, it's clear this work is more important now than ever. The Board and I are completely committed to making transformational changes to the game and ensuring all involved in college basketball do so with integrity. We also will continue to cooperate with the efforts of federal prosecutors to identify and punish the unscrupulous parties seeking to exploit the system through criminal acts.