Louisville Confirms Involvement in Basketball Bribery Investigation

NEW YORK -- A major bribery scandal has rocked the college basketball world, and it involves the University of Louisville.   

Federal prosecutors in New York announced charges against ten people, including four assistant coaches at top-tier programs and a marketing executive at Adidas.  They're accused of funneling six-figure payments to high school basketball players to get them to attend certain schools.    

UofL President Greg Postel says the school received notice it is included in the investigation.    In a statement, Postel says Louisville will cooperate fully with any law enforcement or NCAA investigation into the matter. 

Acting U.S. Attorney Joon Kim says the case exposes the "dark underbelly" of college basketball.

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