The NCAA has turned down the University of Connecticut’s request for a waiver that would allow its men’s basketball team to play in the 2013 national championship tournament.
UConn doesn’t qualify for the tournament because of below-standard academic results, but it requested a waiver last month.
PONZI SCHEME -- Investors are saying they lost more than $50 million in a Ponzi scheme allegedly orchestrated by David Salinas, the Houston financial adviser with close ties to college basketball who committed suicide last year.
The court-appointed receiver in the Securities and Exchange Commission’s lawsuit against Salinas’ estate says 130 people or entities have filed 259 claims seeking $51 million.
Salinas was the founder of an AAU program for high school basketball players and also was a money manager for some of the country’s top coaches.
MURRAY ST. -- Racers guard Jewuan Long says he feels the team “let a lot of people down in life” after losing for the first time this season. Murray State (23-1, 11-1 Ohio Valley Conference) hosts Austin Peay (9-17, 6-6) tonight.
SYRACUSE -- Lawyers for two men who say they were molested as boys by fired assistant basketball coach Bernie Fine say salacious allegations about Fine’s wife are relevant in their slander lawsuit.
Laurie Fine’s lawyer has called the allegations “disgusting.” Bernie Fine has denied wrongdoing.