Advertise Here


Giacoletti loses long-time friend

News reports surfaced in the last 24 hours of the suicide of David Salinas, an investment adviser and founder of a Houston AAU team. GU assistant basketball coach Ray Giacoletti is one of many coaches, possibly in several sports, who invested money with Salinas.

Salinas' death comes days after he was interviewed by federal officials probing a possible Ponzi scheme. He was reportedly under investigation by the U.S. Securities and Exchange Commission for fraudulent practices that may have cost numerous high-profile coaches millions of dollars in investments.

Giacoletti has known Salinas for 22 years, preceding Salinas' founding of Houston Select, a team that had Demetri Goodson on its roster when he was Houston-area high schooler. Giacoletti expressed his condolences to the Salinas family in a statement released by Gonzaga.

Some coaches could be concerned that the NCAA might frown on coaches having a financial relationship with Salinas when he's also the founder of an AAU program that sent numerous recruits on to colleges, reported

Here's a link to my article that will run in Tuesday's S-R.

A couple of things to point out: Goodson was recruited primarily by Leon Rice, who left Gonzaga to become the head coach at Boise State. A quick scan of Giacoletti's rosters at North Dakota State, EWU, Utah and GU's (over the last four years) indicate Goodson is the only player with a connection to Houston Select. I say a quick scan because I'm covering the Spokane Indians game while scouring rosters.




Here's a short article on

Please keep it civil. Don't post comments that are obscene, defamatory, threatening, off-topic, an infringement of copyright or an invasion of privacy. Read our forum standards and community guidelines.

You must be logged in to post comments. Please log in here or click the comment box below for options.

comments powered by Disqus
« Back to SportsLink

Get blog updates by email

About this blog

SportsLink is your portal into sports news around the Inland Northwest and beyond. You'll find updates, notes and opinions, and plenty of reader feedback.


Latest comments »

Read all the posts from recent conversations on SportsLink.


Jim Allen (@srjimallen) Sports reporter Jim Allen's primary coverage areas are Eastern Washington University football and men's basketball, and college and high school soccer. He also contributes to the SportsLink Blog.

Recent work by Jim

Jim Meehan (@srjimm) Jim Meehan's coverage areas include Gonzaga University men's basketball, Spokane Shock football, golf and volleyball. He also contributes to the SportsLink Blog.

Recent work by Jim

Chris Derrick Chris Derrick is a sports reporter. His primary coverage areas are the Spokane Chiefs, Spokane Indians, women's basketball and high school softball and volleyball. He also contributes to the SportsLink Blog.

Recent work by Chris

Vince Grippi is the online producer for SportsLink, a product of The Spokesman-Review.

Search this blog
Subscribe to this blog
Advertise Here