Blog Entry

Lute Olson releases statement on Salinas

Posted on: July 20, 2011 9:12 pm
Edited on: July 20, 2011 9:38 pm

By Jeff Goodman

There were some prominent names on the client list for the late David Salinas, none more so than Hall of Famer Lute Olson.

Olson, according to documents obtained by’s Pablo S. Torre, invested $1.17 million with Salinas -- the founder of the Houston Select program who committed suicide on Sunday.

Olson, who did not wish to comment earlier in the week when reached by, was the latest to release a statement:

“I’ve known David (Salinas) for a long time and feel horrible for his family. That (his passing) is something that none of his friends could have expected.  Yes, I’ve invested with David, and he’s been a friend for a while, but I did not invest money until after I had retired from coaching.”

Olson’s one connection to the Houston Select program was former player Jawann McClellan, a highly touted wing who never quite lived up to expectations. 

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