Worst Kept Secret in College Basketball?

This week the multi-million dollar world of college basketball got hit with allegations of bribery, corruption and fraud. This comes after a three year investigation that involved wiretaps, an FBI informant and undercover agents. Ten people, including four Division I coaches and an Adidas executive, have been arrested.  

When it comes to exposing corruption in college basketball, Joe Nocera, a Bloomberg View columnist and the author of Indentured: The Inside Story of the Rebellion Against the NCAA, thinks this is just the beginning. 

"There's definitely an implication on part the of the prosecutors and the FBI that they're only at the beginning of this," said Nocera. "Once you uncover this rock, it's not just going to be one worm, or two worms, or one rat, it's going to be dozens." 

This week on Money Talking, Charlie Herman talks with Nocera about the recent NCAA controversy and what it means for the big business of college sports.