Found December 30, 2011 on
Miami Herald:
Nevingate continues its winding path toward whatever conclusion awaits University of Miami athletics.
The Miami Herald's Barry Jackson reports in today's Herald that "Former University of Miami football players who allegedly received Cadillac Escalades, jewelry, party invites, champagne, lap dances and the services of prostitutes and other gratuities courtesy of a now-imprisoned athletic-booster-run amok won't have to talk about it in a bankruptcy pleading. Nor will they have to give anything back.
"UM has agreed to pay $83,000 to the bankruptcy trustee in the case of Nevin Shapiro, who is serving 20 years for defrauding investors in a Ponzi scheme. In exchange, the bankruptcy trustee agreed not to try to recoup any more money from UM or the 70 living players who are alleged to have received cash, gifts or services from Shapiro, in violation of NCAA rules.
"The deal eliminates the likelihood of former Hurricane players having to disclose under oa...
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December 31, 2011
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