The City College of New York basketball team won the National Invitation Tournament at Madison Square Garden in March 1950 but was later caught up in a point-shaving scandal.
Two indictments detailed schemes involving sports betting and rigged poker games, prosecutors said. The link was current and former N.B.A. players and coaches.
Chauncey Billups, the head coach of the Portland Trail Blazers, was among the former and current N.B.A. basketball players who were arrested on Thursday in connection with two illegal gambling investigations.
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