“He refinanced his loan. He didn’t pay zero for it,” Kniffin said. “He still owns the car. He has a loan on it through a major bank.”

The university also denied the claims in a statement it issued on Saturday, 10 Investigates’ Paul Aker reported.

Another rules violation could spell disaster for the university. Several players, including quarterback Terrelle Pryor, are already suspended for the team’s first five games for other rules violations.

The NCAA is still investigating coach Jim Tressel about his knowledge in the case.

“One logically would think that someone on the coaching staff would notice these things, that those types of cars have been driven into the practice facility,” Adams said. “Whether Tressel knows, only he knows.”

The NCAA issued 10 Investigates a short statement that said it would not comment because of a “potential” investigation.

Ohio State athletic director Gene Smith also did not want to comment on Monday night.

Smith, who was the keynote speaker at an event for the Ohio Society of Professional Journalists, told 10TV’s Glenn McEntyre that he would not talk about the allegations.

“Didn’t I just say that I didn’t want to have a conversation? Thank you for your professionalism,” Smith said.

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