IRS investigates Barnett’s CU football camps

Oh, joy.

Questions surround cash flow at university
The Internal Revenue Service is investigating two summer football camps run by University of Colorado coach Gary Barnett. Both Barnett and his attorney acknowledged the investigation Wednesday, but said they were not sure what tax issues the IRS is looking into.

Barnett’s lawyer, John Rodman, described the investigation as “broad” and said he thinks it’s related to questions raised in media reports during the past several months. Those reports have focused on allegations of questionable accounting and lax oversight of camp expenditures.

Barnett said Wednesday, “We are eagerly cooperating with them because we’re just as anxious for the truth to get out — probably more anxious for the truth to get out — than anybody. So we’re cooperating completely.”

Yeah. That’s Gary. All he’s about is the truth. The whole truth. Nothing but the truth.

One comment

  • I’m sure this isn’t the first time the word “broad” has been used in a statement made by Barnett or representative to the media either.

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