GREENSBORO — The high school boys basketball coach wasn’t shy about spending money on his players.
He showered them with Nikes, took them to out-of-state tournaments and paid for the school’s uniforms — all from money raised from basketball camps and clinics he ran at school.
Only instead of turning over the money to the school, officials say, he deposited more than $250,000 in basketball proceeds into personal accounts over a two-year period and later admitted his record keeping was shoddy.
No, not that coach. Stan Kowalewski has his own problems. This time it’s Northwest Guilford’s Manny Bloom.
School officials in Palm Beach County, Fla., investigated Bloom and his handling of the money last summer before he abruptly resigned to take the job at Northwest Guilford.
In an interview Friday, Bloom said Palm Beach County school district officials cleared him of wrongdoing. But records on file with the school district show the investigation ended without a resolution.
District officials dropped the investigation when Bloom resigned.
Bloom informed Northwest Guilford officials of the Florida investigation last summer during his interview, said Northwest Guilford athletics director John Hughes.
“He was completely upfront about it, and we checked it out thoroughly,” Hughes said. “I support Manny 100 percent.”
Bloom earned less than $45,000 a year as a teacher and coach at Boca Raton High, but it was his basketball business on the side that caught the attention of school district officials there.
In January, the Palm Beach Post reported that Bloom used school facilities to run his for-profit camps. He didn’t pay to lease the facilities, as other for-profit companies are required to do.
He was supposed to deposit proceeds from the camps into a Palm Beach County School District account, as is required when a coach runs an outside program on school property without paying any leasing fees.
Instead, Bloom acknowledged he deposited more than $250,000 in camp money — checks were made out to Manny Bloom Inc. — into his own for-profit accounts over a two-year period.
Much of the money was used to pay bills associated with the camps such as T-shirts, trophies and labor, he said.
Auditors found records showing Bloom gave less than $20,000 back to Boca Raton.
Bloom disputed that figure Friday, saying it was more than twice that amount, but he acknowledged he didn’t have the records to support that.
“The whole thing was blown way out of proportion,” Bloom said. “Everything was done for the kids. I can tell you that for the time and effort I put into it, it was not worth the money I got out of it.”
Bloom declined to say how much he earned.
Northwest Principal Angelo Kidd said Friday that the school’s coaches must deposit fundraising money in their sports’ individual booster account.
Bloom, like all Northwest Guilford coaches, does not have access to his sport’s account, Kidd said.
“We were very upfront with (Bloom) before he came here of the procedures we have here and how we handle things,” Kidd said. “He understands that.”
Bloom is not Guilford County’s first basketball coach to be questioned on financial matters — just the latest. Investigators are looking into former Northern Guilford coach Stan Kowalewski’s handling of a private bank account he set up for the school’s boys basketball team.
Since December, Kowalewski has made cash withdrawals or paid for personal services with money from the account totaling $5,200. Kowalewski has said he paid for those services because he was owed the money for basketball-related expenses.
Bloom said he was unfairly targeted by school officials in Florida. H is accounts were made an issue by a disgruntled parent whose son was cut from the basketball team, he said.
“There are other people in Palm Beach County that were making as much or more money than me and were giving little or nothing back to their program,” he said.
“I, to this day, believe ... we did nothing wrong. There just happened to be a lot of money changing hands. We did things on a big scale.”
Contact Robert Bell at 373-7055 or robert.bell@news-record.com
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