News broke on Tuesday morning that reverberated (and will continue to do so) across the college basketball landscape: The FBI has charged 10 individuals -- four of which come from the college basketball coaching ranks -- with corruption and bribery.

Among the coaches involved are Oklahoma State associate head coach Lamont Evans, Auburn associate head coach Chuck Person, Arizona assistant coach Emanuel Richardson and USC associate head coach Tony Bland. 

There were six individuals implicated not within coaching circles, most notably James Gatto -- the head of Adidas sports marketing -- who is accused of paying high school players to go to Adidas-sponsored schools for the benefit of signing with the company at a later time when they turned professional.

Gatto is also accused of helping funnel approximately $100,000 to the family of an "All-American high school basketball player" to secure the prospect's commitment to a school which Adidas sponsors. According to court documents reviewed by CBS Sports Insider Gary Parrish, the prospect committed in June. And the only All-American high school basketball player who committed to a school Adidas sponsors in June is Brian Bowen, a five-star prospect who is now enrolled at Louisville.

Gatto was arrested on Tuesday, and Adidas issued the statement below regarding his status and the FBI's investigation, which is ongoing and now overt.

"Today, we became aware that federal investigators arrested an Adidas employee. We are learning more about the situation. We're unaware of any misconduct and will fully cooperate with authorities to understand more."