Mother of suspended Kansas forward Cliff Alexander tied to financial firm
Some more information has surfaced regarding suspended Kansas forward Cliff Alexander, and it's not looking good.
A Uniform Commercial Code filed in August 2014 ties Alexander's mother to a finance company specializing in loans to professional athletes, according to Yahoo Sports' Pat Forde and Adrian Wojnarowski.
Alexander is suspended because of a reported NCAA inquiry into the possibility that at least one of his family members received impermissible benefits from an NBA agent.
Ludus Capital's financing includes extending loans to potential high draft picks in the NBA and NFL.
However, those are typically extended after the player has declared for the draft. At the time of the UCC filing, Alexander was about to begin his freshman year at Kansas.
Loans based on future earning potential can, in principle, be classified as an NCAA violation.
Alexander has yet to speak with the NCAA on the matter, though his family took part in meetings with NBA agents, which is not against the rules. It is considered a violation if they enter a verbal or written agreement on how much he could earn.
Alexander won't be reinstated until he meets with the NCAA. After that meeting, the NCAA will decide whether his family received benefits and if they constitute a violation.
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