I wonder if this ends up being like the Salazar case. Could the misdeed actually be what we already know 100% happened and everyone has admitted to?
Let's just think about the Nike deal.
They've admitted to paying two ex-Nike employees 20+ million dollars to 'negotiate' a 20+ yr no-bid deal with Nike for their jersey rights - by far its most important and valuable asset. The deal enriched Siegel and the two men to the tune of nearly $30 million.
Doesn't that sound criminal?
Ok, I left out one key fact. The board approved it. But might that not even matter?
Don't they have a fiduciary duty to bid the deal out? What do they possibly gain by not showing the bid to other companies and seeing if they want to match or exceed it? The answer of, "But it's so much more than they were paying" isn't a good answer.
There is no good reason not to see if someone else will pay more. If Nike somehow demanded that it not be shown to someone else, I wonder if that fact very well could be considered somehow to be criminal.
Imagine if it came out if the IOC paid two two ex-NBC employees and Thomas Bach $100 million to extend its sponsorship deal with NBC for 25 years without bidding it out. People would be outraged.