Gatto to pay KU restitution

News
KU BBALL_1554778597163.jpg.jpg

Former Adidas executive James Gatto has agreed to pay over $342,000 in restitution to the University of Kansas and North Carolina State. Both KU and NC-State were identified as “victim universities” in pay for play schemes.

KU will receive in restitution from Gatto is much less than what William Sullivan Jr., an attorney for KU, asked for in his original request. KU was seeking an award of $1,136,424.52, with the school seeking damages that included $112,731.52 for the athletic scholarship and financial aid KU paid for Preston and De Sousa made under false pretenses and $289,886 for fees related to responding to the U.S. Justice Department subpoenas sent to the school. 

KU is set to receive over $161,000. Gatto is also on the hook for the repayment of scholarships for four players. Gatto was accused of conspiring with former Adidas consultant TJ Gassnola to pay $90,000 to former KU prospect Billy Preston and $20,000 to the guardian of Silvio De Sousa.

De Sousa sat out the entire season and was ruled ineligible for two seasons.

Copyright 2020 Nexstar Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Trending Stories