2nd KU athletics official in court
WICHITA (AP) — A second former University of Kansas athletics official admitted in court that he knew about a massive scam that allegedly involved the theft and sale of at least $1 million worth of tickets to sporting events.
Brandon Simmons, the school’s former assistant athletic director for sales in marketing, pleaded guilty Thursday in U.S. District Court in Wichita to one count of misprision of a felony — the same charge his former colleague, Jason Jeffries, pleaded guilty to Wednesday.
Like Jeffries, Simmons was charged with knowing about the scam and concealing it from authorities.
Although neither man admitted in court to profiting from the scheme, a university investigation found the two sold more than $200,000 worth of tickets between 2007 and 2010 through ticket brokers. Both defendants agreed to forfeit property as part of their plea deals.
Vick trustee seeking repayment of $2 million
RICHMOND, Va. (AP) — The trustee in Michael Vick’s bankruptcy case is seeking repayment of at least $2 million that the NFL quarterback doled out to friends and family members in the months before he was sent to federal prison for running a dogfighting operation.
A complaint filed in U.S. Bankruptcy Court in Newport News says Vick knew his lucrative career was in jeopardy and that he would be facing huge legal bills, yet he continued to shower friends and relatives with gifts and cash. Those assets, trustee Joseph J. Luzinski argues, should have gone to Vick’s creditors.
Attorneys for both Vick and the trustee say such filings are not unusual in complicated Chapter 11 cases like Vick’s.
Golden State sold for record $450 million
OAKLAND, Calif. (AP) — Golden State Warriors owner Chris Cohan reached an agreement to sell the franchise for a record $450 million to Boston Celtics minority partner Joe Lacob and Mandalay Entertainment CEO Peter Guber.
Lacob and Guber, who beat out three other finalists, put in a bid that broke the record for the largest sale in league history, topping the $401 million Robert Sarver paid to buy the Phoenix Suns in 2004.