#1 of dollars in bribes from people seekin by yaya2017 09.10.2018 03:17

In the sneaker business, the feet of professional athletes Nike Air VaporMax Femme are the most valuable billboards in the world. The company that gets its shoes on the best basketball players, football players and soccer players wins, because those athletes’ footwear choices have outsize influence over everyone else’s purchasing Adidas ZX 750 Femme decisions.That fundamental truth about high tops and cleats — that getting top players in your brand and keeping them Nike Air Max Thea Femme there is good business — was the subtext of a critical piece of a corruption and Nike Internationalist Mujer bribery network outlined on Tuesday by federal prosecutors, which swiftly resulted in the demise of a Hall of Fame coach’s career.The University of Louisville announced on Wednesday that it had abruptly ended the coaching tenure of Rick Pitino, winner of two national championships and among the most successful coaches in college basketball history. The decision was made a day after Nike Air Max 2017 Mujer the United States attorney for the Southern District of New York said in a criminal complaint that two coaches had been part of a scheme to funnel money from the university’s apparel partner, Adidas, to two high school prospects.

The complaint, which accused an Adidas ZX Flux Womens Adidas executive and others of wire fraud and money laundering, did not disclose the names of anyone at Louisville. Nike Roshe Run Womens Pitino denied any knowledge or responsibility for the accusations. “These allegations come as a complete shock to me,” he said in a statement. A representative for Adidas said that the company “is committed to compliance and ethical business practices,” and that the executive had been put on administrative leave.The plan, prosecutors said, was that the teenage athletes would play for a university that had a sponsorship deal with Adidas and then sign sponsorship deals of their own with the company once they turned pro and potentially earned millions of dollars in the N.B.A. In other Asics Gel lyte 5 Femme words, investing in athletes at a young age could yield huge returns later.The shoe companies cash in if the Nike Air Max 90 Mujer Rosas player blossoms into an N.B.A. Nike Air Presto Womens star. “That’s where it counts,” Evans added.The accounts by federal prosecutors were not unlike those that the Department Nike Air VaporMax Mujer of Justice described in 2015 in the sweeping corruption case focused on FIFA, international soccer’s governing body.

No one from Nike was charged in that case, but American prosecutors said that bribes helped secure Nike’s breakthrough sponsorship deal with Brazil’s national soccer team in the mid-1990s, elevating the company’s global profile and helping it expand into soccer.Nike contracted to pay $160 million for that deal — and the company Nike Internationalist Femme paid an additional $40 million that was not reflected in the official agreement, federal authorities said. Nike brokered the deal Adidas ZX Flux Womens through a Brazilian businessman who pleaded guilty in the United States to an array of corruption charges, admitting to having solicited and accepted hundreds of millions of dollars in bribes from people seeking lucrative marketing and media contracts.“It hopefully Nike Roshe Run Femme gets the kids you’ve won wearing your apparel,” said Corey Evans, an analyst at Rivals, a website that exhaustively covers high school players and their college recruitment. “And in the long run, it’s going to matter for the top guys for what college they go to.”

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