On Wednesday afternoon, the FBI's investigation into college basketball finally reached its conclusion. After months of interviews, rumors and speculation, former Adidas consultant Merl Code Jr, Adidas executive James “Jim” Gatto and Christian Dawkins were found guilt in the federal pay-for-play college basketball trial.
All three were charged with felony counts of wire fraud and conspiracy to commit wire fraud. The charges comes as a result of their scheme to funnel money to the family of former University of Louisville player Brian Bowen.
The teams named in the scandal were named as "victims" in the case.
As for a potential punishment, the Courier Journal laid out the possible penalties laid down against the three.
A conviction on wire fraud could carry a maximum penalty of 20 years in prison. A conviction on the conspiracy count would carry a maximum sentence of 20 years in prison, a three-year period of supervised release and a $250,000 fine.
The attorney for Christian Dawkins reportedly plans to file an appeal, though a timeline for that appeal has yet to be determined.