Chris Johnson is an RTC columnist. He can be reached @ChrisDJohnsonn.

The chances that former Duke forward Lance Thomas did not commit some kind of NCAA violation when he purchased $98,700 worth of jewelry on a December road trip to New York City during his senior season are, shall we say, doubtful. Thomas, a starting role player on the Blue Devils’ eventual National Championship-winning team in 2009-10, walked into world-renowned jeweler Rafaello & Co., dropped a $30,000 down payment on a host of diamonds and other trinkets, then promised to pay the remaining $67,800 within the next 15 days. His spending spree – the specifics of which were released last week when word leaked of the firm’s lawsuit against Thomas – raised many eyebrows. It is not every day that student-athletes – from the most well-off to those struggling to stay afloat on hefty financial aid packages/scholarships – walk into celebrity-hotspot jewelers and splash nearly $100,000 on buckets of iced-out swag; not without drawing the analytical glare of NCAA staffers, not without an explanation as to how or where the money came from, nor whether any third parties were involved in the transaction. Given the bare facts, it was hard not to come away thinking Rafaello & Co would entrust someone like Thomas with such for any other reason than an assumed stipulation of future NBA riches and the subsequent jewelry spending they prefigure. Thomas never made good on his promise, and so Rafaello & Co., after waiting more than two years for him to repay the loan, demanded he break even on his credit. On Tuesday, the Raleigh News and Observer reported that the two parties had reached a settlement on the matter.

If neither Thomas nor Rafaello & Co. come clean with specifics, the NCAA may be impotent in pursuing the case (Photo credit: Jonathan Daniel/Getty Images).

Now that Thomas’ outstanding debt has been settled, there are legitimate concerns that NCAA investigators will have no grounds on which to pursue information regarding the former Duke player’s involvement in this transaction. The NCAA cannot compel members outside its jurisdiction to cooperate, meaning neither Thomas nor Rafaello & Co. can be forced to speak with the organization about his purchase. There’s one caveat. A conversation between ESPN.com’s Andy Katz and Indianapolis attorney Stu Brown, a legal specialist focusing on NCAA cases, shed some light on the NCAA’s procedural wherewithal.  The terms of the settlement – which may or may not ever become public – may permit Thomas or Rafaello & Co. to speak with NCAA investigators, but if the legal ramifications mandate either or both to keep quiet on the specifics of their transaction, the NCAA will likely have no substantial recourse to find clarity in what on its face appears to be a blatant violation of amateurism. From Katz’s story:

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Chris Johnson is an RTC columnist. He can be reached @ChrisDJohnsonn.

The following names are listed as “clients” on the website of Rafaello & Co. Jewelers: Drake, Jay-Z, T-Pain, Lil Wayne, Rihanna, Justin Bieber. I’m barely scratching the surface of the illustrious canon of entertainment superstars and hip-hop moguls associated with the famous New York jeweler, but you get the point. This is not your average knock-off thrift shop. You don’t walk into Rafaello & Co. unless you have some serious cash to splash. So it’s not at all surprising that Lance Thomas, a starting forward on Duke’s 2010 National Championship team and a current member of the New Orleans Hornets, needed nearly $100,000 to purchase a black diamond necklace, a diamond-encrusted watch, a pair of diamond-stud earrings, a diamond cross and a black diamond pendant in the shape of Jesus’ head. No, what’s surprising is how Thomas was able to pony up $30,000 just two days after Duke defeated then-No. 15 Gonzaga at Madison Square Garden, in the midst of the Blue Devils’ title-winning season. And how Thomas was extended a nearly $70,000 loan to complete the glamorous spending spree. Even more puzzling is the fact that Thomas was expected to repay the loan within 15 days, and that Rafaello & Co. waited over two years to file a suit against him demanding he break even on the very credit he sought when he made purchase.

The NCAA will likely investigate Thomas’ involvement in a potential improper benefits scandal, endangering Duke’s 2010 National Championship (Photo credit: AP Photo).

There’s plenty to be resolved here, and it’s far too early to draw conclusions. But unless Thomas somehow managed to accumulate $30,000 (and was expected to raise nearly $70,000 on top of that within the next 15 days) while undergoing one of the more rigorous academic curricula in the nation and, mind you, the added time spent practicing, lifting, studying film and playing basketball at Duke, this situation has the looks of a hanging curve ball, slowly arching its way into the heart of the strike zone, awaiting its bludgeoning from the NCAA’s sanction-laced Louisville Slugger. If college athletics’ ruling body is determined to achieve one mission with its quirky and vaguely byzantine rulebook, it is to sustain the notion of amateurism. Student-athletes are not to use their extra-curricular activities as leverage to obtain financial benefits or other gifts unavailable to non-athletes. Which means Thomas must have received no outside assistance in making a five-figure lump-sum payment at a world-renowned jeweler. He had to have made the money himself. Nor could he have used his status as “Duke forward” to persuade the jeweler into giving him the loan. That’s the baseline assumption we’re making for his innocence. However, if an outside source provided aid when Thomas completed his transaction nearly three years ago, things could get ugly for one of college basketball’s marquee programs and the patron saint that bosses its sidelines.

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