(WYMT/AP) LSU President and Chancellor F. King Alexander and Vice Chancellor and Director of Athletics Joe Alleva put out a statement on Friday suspending Head Coach Will Wade indefinitely. Here is the joint statement below:
“Recent media reports regarding Coach Will Wade are without question concerning to all of us. As such, we and university officials have taken deliberate and purposeful steps to fairly assess and adequately address this situation. As we have done since media reports first surfaced months ago, we are closely coordinating with the NCAA with every step. They have our full cooperation and we will continue to report to them all facts and information on this matter.
"All of us at LSU share the obligation to protect the integrity of this institution, as such we have suspended Head Coach Will Wade indefinitely until such time as we can ensure full compliance with the NCAA, as well as institutional policies and standards. Assistant coach Tony Benford will assume the duties of interim head coach.”
A report by Yahoo Sports stated that the FBI recording of Will Wade is of a conversation with Christian Dawkins, who is one of several people convicted in October of conspiracy to commit wire fraud for funneling illegal payments to families of recruits to Louisville, Kansas and North Carolina State.
In the report, Wade is described expressing his frustration with an unidentified third party handling the recruitment of player referred to only as "Smart." LSU has a freshman guard named Javonte Smart who is a former Louisiana high school player of the year.
The report also states that it is not clear if the offer Wade discusses would violate NCAA rules, or if the player and his family knew of, or accepted, the offer.
Wade will miss LSU's final regular season game against Vanderbilt.