N.C. State Told to Pay $365,180
North Carolina State has been ordered to repay $365,180 to the NCAA because Charles Shackleford, a former Wolfpack basketball player, accepted money while playing for the school.
The amount of the repayment is 90% of N.C. State’s net earnings from the 1987 and 1988 NCAA tournaments, played during Shackleford’s sophomore and junior years.
Repayment to the NCAA will come from money raised by the athletic department, such as revenue from ticket sales and television contracts, said Harold B. Hopfenberg, N.C. State athletic director.
In February, Shackleford admitted accepting more than $60,000 from two men during his final two years at N.C. State. He said one payment had been from a sports agent seeking to represent him, and the other a loan that he since has repaid.