"The NCAA is corrupt, we know that," said James on Tuesday. "Sorry, it's going to make headlines, but it's corrupt."
Van Gundy struck a similar chord earlier this week,"maybe the worst organization in sports."
"The NCAA is one of the worst organizations -- maybe the worst organization -- in sports," Van Gundy said. "They certainly don't care about the athlete. They're going to act like they're appalled by all these things going on in college basketball. Please, it's ridiculous and it's all coming down on the coaches."
James and Van Gundy's criticism of the NCAA comes in the wake of the ongoing FBI corruption probe into college basketball that has found more than a dozen schools at risk of facing NCAA violations, following a report Friday from Yahoo Sports detailing loans accepted from ASM Sports and ex-agent Christian Dawkins.
James argued that while he doesn't know all the ins-and-outs of the NCAA's operations, he knows that the value of what 5-star athletes bring monetarily to universities far exceeds what they are compensated with a stipend and an education.
"I don't know all the rules and regulations about it. But I do know what 5-star athletes bring to a campus, both in basketball and football. I know how much these college coaches get paid. I know how much these colleges are gaining off these kids. ... I've always heard the narrative they get a free education. But you guys aren't bringing me on campus to get an education. You guys are bringing me on it to help you get to a Final Four or to a national championship."
James chose to forgo college when he jumped straight from the preps to the pros to become the No. 1 overall pick in 2003, however that freedom is no longer accepted, which has created a one-and-done phenomenon in college.