A massive alleged sports betting scheme involving nearly 40 college basketball players from two dozen schools has rocked the NCAA, with several high-profile cases connected to prominent NBA and other athletes. Former NBA player Antonio Blakeney is at the center of a federal indictment that accuses him and others of fixing games for millions of dollars.
According to prosecutors, the scheme involved bribing players to underperform in ways that ensured their teams failed to cover the point spread. This would then lead to substantial bets being placed against those teams by fixers, including Shane Hennen, who is known as "Sugar Shane." The alleged bribe payments ranged from $10,000 to $30,000 per game and were intended to significantly supplement or exceed players' name, image, and likeness (NIL) opportunities.
The scheme allegedly involved recruiting dozens of players, coaches, and trainers who were well-connected in the world of college basketball. These individuals were targeted for their influence, which added gravitas and legitimacy to the scheme.
One notable case involves La Salle University, where Blakeney and his co-conspirators allegedly offered players bribes to underperform in a game against St. Bonaventure University. The fixers placed substantial bets on St. Bonaventure to cover the spread, totaling $247,000, but the team ultimately failed.
The alleged conspiracy "mushroomed" into an international scheme after Hennen and another defendant recruited Blakeney to play poorly in games for the Chinese Basketball Association's Jiangsu Dragons. In China, Blakeney averaged over 32 points per game during the 2022-23 season, but ahead of a game, nearly $200,000 was wagered on the opponent covering an 11.5 point spread.
The defendants face charges including bribery and conspiracy to commit wire fraud. The investigation highlights the growing concern about sports betting integrity in college athletics and the multibillion-dollar sports betting industry as a whole.
According to prosecutors, the scheme involved bribing players to underperform in ways that ensured their teams failed to cover the point spread. This would then lead to substantial bets being placed against those teams by fixers, including Shane Hennen, who is known as "Sugar Shane." The alleged bribe payments ranged from $10,000 to $30,000 per game and were intended to significantly supplement or exceed players' name, image, and likeness (NIL) opportunities.
The scheme allegedly involved recruiting dozens of players, coaches, and trainers who were well-connected in the world of college basketball. These individuals were targeted for their influence, which added gravitas and legitimacy to the scheme.
One notable case involves La Salle University, where Blakeney and his co-conspirators allegedly offered players bribes to underperform in a game against St. Bonaventure University. The fixers placed substantial bets on St. Bonaventure to cover the spread, totaling $247,000, but the team ultimately failed.
The alleged conspiracy "mushroomed" into an international scheme after Hennen and another defendant recruited Blakeney to play poorly in games for the Chinese Basketball Association's Jiangsu Dragons. In China, Blakeney averaged over 32 points per game during the 2022-23 season, but ahead of a game, nearly $200,000 was wagered on the opponent covering an 11.5 point spread.
The defendants face charges including bribery and conspiracy to commit wire fraud. The investigation highlights the growing concern about sports betting integrity in college athletics and the multibillion-dollar sports betting industry as a whole.