| Miami To Repay $83,000 In Donations | | |
The University of Miami is giving back $83,000 it says it received "directly and indirectly" from Nevin Shapiro, the former Hurricanes booster and convicted Ponzi scheme architect whose claims of giving athletes and recruits extra benefits for nearly a decade sparked an NCAA investigation.Court records show the agreement between the school and bankruptcy trustee Joel Tabas was filed last week."The agreement was the result of a lengthy negotiation process and brings closure to the University's obligations in the bankruptcy case," Miami's general counsel office said in a statement, and Tabas affirmed that to be the case in an email to The Associated Press.The NCAA said in August that eight players would be suspended for either one, four or six games -- most got only one-game bans -- and that they and four others would have to pay back what they received from Shapiro, who claimed to give extra benefits to 72 players and football recruits during his time as a booster, along with contributions to the university's athletic department."This amount includes payment of $3,000 in penalties levied by the NCAA on 11 current student-athletes who received improper benefits from Mr. Shapiro," the university's statement said.
Source: ESPN
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