According to court documents related to his bankruptcy case, Nevin Shapiro is set to be reimbursed $83,000 by the University of Miami related to expenses incurred in various violations across their athletics programs.
That number includes $3,000 in penalties levied by the NCAA on eleven current Miami athletes who received money from Shapiro. The payment also officially completes the university's obligations in Shapiro's bankruptcy case.
Shapiro, a prominent Miami booster currently serving a 30-year sentence for operating a $900 million Ponzi scheme.
Miami is still under investigation due to the allegations levied by Shapiro in a tell-all interview with Yahoo! Sports reporter Charles Robinson. From prison, where he is serving time for his role in a $930 million Ponzi scheme, Shapiro outlined many violations that took place between himself and athletes on the Miami football and basketball teams between 2002 and 2010.
For more on Shapiro and the NCAA investigation, stay with this StoryStream. To check-in with Miami fans, head over to The 7th Floor Blog.
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