Miami Deal Protects Ex-Players From Disclosing Questionable Gifts

January 3, 2012

The University of Miami has agreed to pay $83,000 to a bankruptcy trustee to cover the costs of gifts made by Nevin Shapiro, a one-time booster of athletic programs who is now in jail over a Ponzi scheme that among other things financed his gifts to various Miami athletes, The Miami Herald reported. The deal states that the trustee will not seek to recover additional funds from the athletes and former athletes, meaning that they will not be forced to publicly discuss the gifts. Those gifts are believed to have included Cadillac Escalades, jewelry, party invites, champagne, lap dances and the services of prostitutes.

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