11 am update:
### UPDATE: Here is what Sports Illustrated posted on their web site in advance of the release of its full article on UM and the NCAA later today. It talks about the NCAA's mishandling of the Miami case and Shapiro's gambling allegations:
After months of interviews with current and former NCAA staffers, as well as with convicted felon and former notorious University of Miami booster Nevin Shapiro, a special report entitled “The Institution Has Lost Control” in this week’s SPORTS ILLUSTRATED by senior writers Pete Thamel and Alexander Wolff exposes a fractured NCAA enforcement department seemingly powerless to do its job—despite recent efforts.
“People are questioning the need and effectiveness of an enforcement staff in general,” says former NCAA enforcement rep Abigail Grantstein, “to the point that I wonder if the membership will say we don’t want it.” “The time is ripe to cheat,” adds an ex-enforcement staffer. “There’s no policing going on.”
Shapiro, whose initial allegations that he supplied improper benefits to more than 100 Miami football and basketball players between 2002 and ‘10 came to light and was mostly corroborated in an August 2011 Yahoo! Sports report, now claims that he used inside information from Hurricanes players, coaches and athletic department staffers to win bets on 23 Miami football games between 2003 and ’09. Shapiro supplied SI with financial statements and bank records from 2005 to ’08 that show dozens of five- and six-figure sums moving from Shapiro’s entities to Adam Meyer’s during the college football season. Meyer is the operator of a handicapping website AdamWins.com. Meyer’s lawyer, Joel Hirschhorn, told SI that Meyer would place bets for Shapiro when his client was in Las Vegas.
An example of Shapiro’s new claims: He told SI that several days before favored Miami lost 19-16 to N.C. State on Nov. 3, 2007, he learned from a coach that quarterback Kyle Wright would be benched due to a bad knee and ankle. Shapiro said he got his bet in before the benching became public, and the line moved from 13 points to 11. Records show that six days after the game, nine wires moved $1.18 million from one Shapiro business to another. Shapiro claims it was all money from the N.C. State game.