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Report: Kansas Freshman Cliff Alexander's Mother Tied To Finance Company That Specializes In Loans To Athletes

Kansas has been without highly-touted freshman Cliff Alexander for three games due to an unspecified NCAA issue, and based on a report by Yahoo!'s Pat Forde and Adrian Wojnarowski, the issue may stem from Alexander's mother Latillia, and her ties to a Florida finance company:

A Uniform Commercial Code filed in August 2014 ties the mother of suspended Kansas basketball player Cliff Alexander to a finance company that, according to its website, specializes in loans to professional athletes and agents, Yahoo Sports has learned.

On Aug. 25, 2014, a UCC filing was made in the state of Illinois under the name of Latillia Alexander of Chicago, Cliff Alexander’s mother. The filing is publicly accessible on the Illinois Secretary of State website. The securing party is listed as Ludus Capital of Delray Beach, Fla.

Among the types of financing extended by Ludus Capital, which has offices in Florida and New York: draft loans to potential high draft picks in the NBA and NFL. However, the loans are extended to athletes after they have declared for the draft. In August, Alexander was just starting his freshman year at Kansas.

Alexander's benching was originally referred to as "precautionary" by the school's athletic department, but this latest development doesn't sound good for the Jayhawk freshman's post-season hopes. According to the Yahoo! report, Alexander will not be reinstated "until after an NCAA interview occurs and a decision is made on whether benefits received by his family are impermissible." Kansas is 2-0 in Alexander's absence, but currently trail Oklahoma by two at halftime of the regular season finale.