Pitino, Adidas issue statements on FBI probe into NCAA bribery claims

Published: Sep. 26, 2017 at 10:41 PM EDT|Updated: Sep. 27, 2017 at 8:56 AM EDT
Email This Link
Share on Pinterest
Share on LinkedIn

LOUISVILLE, KY (WAVE) - UofL basketball coach Rick Pitino issued a statement on Tuesday's FBI investigation into bribery charges involving several high-profile NCAA basketball programs:

"These allegations come as a complete shock to me. If true, I agree with the U.S. Attorneys Office that these third-party schemes, initiated by a few bad actors, operated to commit a fraud on the impacted universities and their basketball programs, including the University of Louisville. Our fans and supporters deserve better and I am committed to taking whatever steps are needed to ensure those responsible are held accountable."

Adidas also released the following statement about the allegations:

"We became aware today of the allegations and intend to cooperate with the relevant authorities. The employee has been put on administrative leave and the company has engaged outside counsel to conduct a thorough investigation. In all aspects of our business, adidas is committed to compliance and ethical business practices."

VIDEO
+ NCAA expert Dr. David Ridpath weighs in on Adidas scandal
+ How basketball bribes allegedly worked at UofL, who was involved
+ Pitino weighs in on shoe wars back in 2014
+ Pitino in 2014 says UofL 'makes a lot of money through Adidas'
Who is UofL freshman Brian Bowen?
+ What we know about the FBI's investigation into UofL bribery claims
+ UofL fans fearing the worst

Copyright 2017 WAVE 3 News. All rights reserved.