Premium Partners

Report: Sneaker Money Influences Youth Basketball

AthleticBusiness.com has partnered with LexisNexis to bring you this content.


Copyright 2018 News & Record (Greensboro, North Carolina)
All Rights Reserved

News & Record (Greensboro, North Carolina)

 

After indictments last fall in the FBI's investigation into issues in college basketball, The Oregonian/OregonLive began reviewing the influence of shoe companies, notably Portland-based Nike, in youth basketball.

"It's a bare-knuckled place where entrepreneur coaches, private skills tutors, freelance nutritionists, physiotherapists and expensive prep schools cater to players' dreams of Division I scholarships and NBA riches," The Oregonian/OregonLive reporters Jeff Manning and Brad Schmidt write.

Part of their reporting in the first of their series "The Swoosh Effect," published Saturday, examines Nike's relationship with the family of Duke freshman star Marvin Bagley. His father, Marvin Jr., and wife filed for bankruptcy in April 2008, Manning and Schmidt report. But after moving the family from Phoenix to suburban Los Angeles in 2015, after Bagley Jr.'s AAU team gained backing from Nike, the family lives in a subdivision in Northridge, Calif., where homes sell for upto $1.5 million and rents go from $2,500 to $7,500 a month, the reporters found.

The NCAA has apparently not looked into the Nike-Bagley relationship, but six experts on NCAA compliance told The Oregonian/OregonLive that the parent-coaches paid to run their kids' club teams could be a breach of amateurism rules.

Visit ACCXtra.com to find a link to the full story.

Read More of Today's AB Headlines

Subscribe to Our Daily E-Newsletter

 
March 20, 2018
 
 
 

 

Copyright © 2018 LexisNexis, a division of Reed Elsevier Inc. All Rights Reserved.
Terms and Conditions Privacy Policy
Buyer's Guide
Information on more than 3,000 companies, sorted by category. Listings are updated daily.
Learn More
Buyer's Guide
AB Show 2022 in Orlando
AB Show is a solution-focused event for athletics, fitness, recreation and military professionals.
Learn More
AB Show