In the summer of 2017, the university again came into the national spotlight as a series of scandals became public. The university's foundation, the organization that manages its endowment and investments, reported "millions of dollars in unbudgeted spending, unapproved activities and endowment losses" in an audit. The National Collegiate Athletic Association (NCAA) suspended the head coach of the men's basketball team, Rick Pitino, for five games after an investigation revealed that a university employee paid escorts to strip and have sex with players and recruits. Shortly after the NCAA announced its findings and penalties, the Federal Bureau of Investigation and the office of the United States Attorney for the Southern District of New York announced the arrest of 10 individuals connected with a "pay for play" scheme connected to sportswear manufacturer Adidas and many institutions, including Louisville. Pitino was subsequently fired.