According to a new report from Yahoo’s Pat Forde and Pete Thamel, Dennis Smith Jr. is one of many high profile names included in documents seized by federal authorities from management agency management agency ASM Sports. The documents include expense reports and balance sheets. Mavericks rookie point guard Dennis Smith Jr. is listed as having received at least one loan, though it isn’t clear whether the total amount was $43,500 or $73,500.
This news should come and go for Maverick fans, since Smith committed no crimes nor is he an “amateur” anymore, which means the NCAA cannot punish him. Consider it a blip on the radar.
While Smith is among the highest profile names listed and also allegedly received the most money, as a professional sports fan, it’s hard for me to care much. Forde and Thamel go to great lengths to emphasize the importance of this investigation, but I can’t help but wonder why it actually matters.
The NCAA reportedly just missed the $1 billion revenue mark in 2016 and almost certainly passed that figure in 2017. Getting angry about the various four or five figure dollar amounts going to players in a moderately illicit way strikes me as beyond stupid. The documents detailed show less than $250,000 in money going to a wide variety of players in 2017, which, if you do some basic math, you see is around 0.025% of the 2017 NCAA revenue. An another level, the resources dedicated to this investigation is frustrating because the FBI cost to this investigation is almost certainly more than a quarter of a million dollars.
Still, something good will hopefully come out of this mess, because right now the system clearly doesn’t work at all.