For Star subscribers: The 1994 scandal became a cautionary tale of how college athletes ached to be part of the high-roll created by mega-million-dollar TV contracts.
Greg Hansen I took six pages of notes on an 8x11 notepad as I watched"Hoop Schemes" on Netflix the other day. That’s how newsworthy I found it to be.
People are also reading… The NCAA’s Names, Image and Likeness legislation now permits athletes to receive compensation beyond scholarship limits. There is no limit. Ohio State football coach Ryan Day infamously said that he needs $26 million per year to pay his starting lineup. Smith and Burton were caught shaving points and fixing four games. The illegal maneuver was guided by Chicago bookie Joe Gagliano Jr., who, before being caught, banked more than $5 million thanks to Smith and Burton.
The athletes were given scholarships, which paid for tuition, books and a monthly check to pay for a small apartment, usually shared to multiple teammates. But a few months later, the FBI busted CCNY for shaving points and fixing games. CCNY’s basketball program was ultimately diminished to Division III status.
A low-key school like Texas Tech recently said it is paying each of its football players $25,000 per season. Washington State quarterback Cameron Ward made about $90,000 this season.
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