Illini Sports Blog

Houston-area summer basketball figure & investment adviser dead of an apparent suicide

Former Arizona coach Lute Olson, Baylor coach Scott Drew, Texas Tech coach Billy Gillispie and former Utah coach and current Gonzaga assistant Ray Giacoletti are among those CBSSports.com has confirmed had money invested with Salinas. "But the list is much longer," one source said. "Lots of coaches had money with him, but they're going to try to deny it and just hope it doesn't come out."

The reason some might be concerned about their financial connection to Salinas is because it's unclear how the NCAA would view college coaches investing money with the founder of a summer basketball program that supplied recruits to several universities over the years.

Gary Parrish and Jeff Goodman

Filed under: College Basketball
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