The University of Miami has a rich tradition in athletics, but allegations that came out today may suggest there’s much more to the program than what we see on television. Nevin Shapiro, a convicted felon serving time for masterminding a $900 million Ponzi scheme, and a well-known Miami booster, has admitted to funneling cash, cars, providing use of his yacht, his home, and to splurging on sex parties and prostitutes for many of the school’s notable star athletes. And Shapiro’s naming names. While it is noted the admissions are by a convicted felon, the story has legs because some players and university officials have actually carroborated some of the details that Shapiro has shared with the media. He admits he has an axe to grind with the players, whom he feels deserted him in his time of need. Shapiro is also alleging that coaches and athletic department officials had knowledge of everything that was going on.
