Louisville issues statement about involvement in federal investigation

The University of Louisville issued a statement Tuesday, acknowledging its involvement in a federal investigation.

"Today, the University of Louisville received notice that it is included in a federal investigation involving criminal activity related to men's basketball recruiting," the statement read.

"While we are just learning about this information, this is a serious concern that goes to the heart of our athletic department and the university. UofL is committed to ethical behavior and adherence to NCAA rules; any violations will not be tolerated.

"We will cooperate fully with any law enforcement or NCAA investigation into the matter."

Four NCAA men's basketball coaches, including Auburn's Chuck Person, were arrested and charged with federal corruption this week.