Jul 26 5:19p by Sean Keeley
Read More: Hawaii Warriors
Before he committed suicide, AAU Coach and investment advisor David Salinas handled millions of dollars on behalf of multiple college coaches including Billy Gillespie, Lute Olsen, Art Briles and Mark Few.
That list continues to grow as Sports Illustrated uncovers more sports-related names on Salinas' client list.
Two NBA players, 2010 Warriors lottery pick Ekpe Udoh ($350,000) and former Wizards swingman Cartier Martin ($374,000), were confirmed to be clients by SI. So was one former athletic director and NCAA selection committee member, Rudy Davalos ($83,000).
All-told, 13 college basketball coaches invested nearly $8 million with Salinas. The total amount of money in the bond is an estimated $55 million. None of that money has been recovered.
It still remains up in the air as to whether or not the NCAA will fully investigate the situation. However, as more names are unearthed and incestuous nature of each investor's relationship (coach, player, assistant, school employee) is pieced together, it's hard not to think that a formal inquiry isn't at least warranted.
For more on the Salinas story, keep track of this storystream.
0 comments
David Salinas Investment Client List Continues To Grow
Jul 26
The 5 biggest sports stories, hand-picked for your inbox. Show more info?
We’ve developed a unique newsletter that delivers the five most interesting sports stories fans are talking about, direct to your email three times a week. Each email is curated by an SB Nation editor who follows sports the way you do: as a fan. One email three times a week, with stories worth your time.
You can unsubscribe at anytime, and we'll never use your address for evil. Not interested? Make this bar go away forever. You can always sign up later.






Comments
Comments For This Post Are Closed