What has been released so far?? Do you have access to the internet? Do you own a TV?
Here's a summary: the FBI is investigating agents and shoe companies who pay amateur players and their families while they briefly attend college.
The agents and shoe companies do this because of the one and done rule in CBB. The players and their families do this because it's, you know, money. It's not illegal, but it's an NCAA violation.
There is a roughly 9 month window for families to wait for a really talented player to go from HS to the NBA. Shoe companies and agents view this 9 month window as a reasonable amount of time to invest money and wait to reap their services for likely profits just briefly down the road in the way of agent fees and shoe sponsorship alliances. It's most prevalent in basketball, because the current rules in place only mandate this short 9 month window to wait for their professional collaboration and a financial return.
So, Addidas, Nike and lots of agents partake in this activity, which, again, is perfectly legal as long as you claim the income, but in violation of NCAA rules. I suspect the FBI is interested mostly because there's millions in unclaimed income out there from dudes who are rich now and can pay those back taxes owed.
So far, we've heard about Adidas payouts to Bowen and Ayton to name a few and we've seen one reported list from one agent, which contains players like BAM and Noel to name a few. There will be more reports regarding shoe company payouts and other agents. The teams most at risk would be the teams with the most one and done players.
Does that help tie things together?