Former top Adidas marketing boss Jim Gatto, ex-Adidas consultant Merl Code and sports management executive Christian Dawkins have been found guilty on all counts in a trial surrounding bribery payments made to top college basketball recruits.

On Wednesday, which was the third day of the jury deliberations, jurors returned guilty verdicts. Gatto was found guilty on three counts of conspiracy to commit wire fraud, while Code and Dawkins were convicted on two counts of conspiracy to commit wire fraud.

U.S. District Judge Lewis A. Kaplan presided over the case in Manhattan. Prosecutors argued that under-the-table payments illegally hampered NCAA schools, including Louisville and Kansas, of their right to recruit amateur athletes.

Current and former college basketball stars were at the center of the trial, including Billy Preston, Dennis Smith Jr., Brian "Tugs" Bowen, Deandre Ayton and Silvio De Sousa.

On Wednesday, Kansas announced that De Sousa would be held out of a Thursday exhibition game against Emporia State. During the trial, former Adidas consultant T.J. Gassnola testified that he paid out a sizable payment to steer the forward toward Maryland — which he did not attend — in addition to a $2,500 payment, though he said he did so without knowledge of the Kansas Jayhawks staff.

"[De Sousa] will be withheld from competition pending the outcome of an eligibility review," the school's press release said.

Kansa coach Bill Self has also previously stated that Kansas would comment on the matter after it was completed. He did, however, have a quote in the release saying the trial presented some new information to the Jayhawks athletic department.

"Information was presented during the current trial in New York — some of which we knew, some of which we didn't," Self said. "We have decided to withhold Silvio from competition until we can evaluate and understand the new information. We have already discussed trial developments with the NCAA and will continue to work with NCAA staff moving forward."

Previously, De Sousa had carried the stance that he was very confident he would be playing this season.

“I hope we don’t hear otherwise," Self said. "I obviously can’t really comment on what’s ongoing, but I will say this: In the past I’ve made a statement that we certainly believed based on the information we had that this would have a positive resolution, but that was also based on the information that we had. So who knows what could potentially happen in the next, whatever period of time, but I’m taking the approach, as everyone is on our team, that we’re going to have Silvio De Sousa playing for us this year.”

Sentencing for Gatto, Code and Dawkins has been scheduled for March 5.

This is not the last trial that will involve persons implicated in the FBI investigation into corruption in college basketball.

Via Law360:

On Feb. 4 a jury is set to begin hearing bribery charges against former Auburn University basketball coach Chuck Connors Person and a second man in a case pending before U.S. District Judge Loretta A. Preska. And in April three former NCAA assistant coaches are set to stand trial on bribery charges before U.S. District Judge Edgardo Ramos.