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NC State

Ex-NC State coach Lowe arrested on tax charges

Posted February 18, 2013
Updated February 19, 2013

Sidney Lowe, former head men's basketball coach at N.C. State University, was arrested Feb. 18, 2013, for failure to file state tax returns for 2009, 2010 and 2011.

— Sidney Lowe, former head men's basketball coach at North Carolina State University, was arrested Monday on charges that he failed to file state tax returns in 2009, 2010 and 2011.

Lowe, who coached the Wolfpack from 2006-2011, is currently an assistant coach with the NBA's Utah Jazz. At the time of his departure from State, he was making $500,000 per year.

He maintains a home in Wake Forest.

The 53-year-old Lowe faces three misdemeanor counts of willful failure to file a North Caroline Individual Income Tax Return and was placed under a $10,000 unsecured bond. A court appearance was scheduled for March 19.

A Jazz spokesperson told The Salt Lake Tribune Monday that the team is aware of the arrest but did not have any comment.

Lowe, a member of the 1983 national championship team at NC State, held an 86-78 overall career coaching record at his alma mater, including a 25-55 mark in the ACC.

Lowe never topped the 20-win mark and never earned more than six wins in the ACC or finished above ninth place in the league.

278 Comments

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  • vply2000 Feb 19, 11:45 p.m.

    Who knew SL was a Republican? He is just a step ahead of Gov.McCrory in doing away with NC income taxes.

  • sjfragnol Feb 19, 9:09 p.m.

    When Lowe'son was charged w/home invasion and drug dealing, relatives were quoted as blaming it on his being in "that environment" (i.e. an HBCU), rather than acknowledging Lowe's son inherent character deficit. Many students of more dire financial circumstances attend HBCUs and don't participate in such despicable acts. So maybe Sidney Lowe's behavior can be explained away by his being in "that environment" (i.e. greed for more when you earn too much)

  • Hokies94 Feb 19, 4:03 p.m.

    I still don't understand how Sid got into this mess. Wonder what is going on in his family life.

  • Six String Feb 19, 3:09 p.m.

    They arrested him for this???? Nobody else in NC has failed to pay taxes? I guess somebody is... View More

    — Posted by clearthinker

    I think you should change your screen name.

  • Got Peart Feb 19, 2:43 p.m.

    WOW, Really!! I know of many whom havent filed taxes for over 12 years( child support cases). ... View More

    — Posted by JB61

    you really went there? My goodness....why can't we as a society get past that. I'm sure that had absolutely 0 to do with it.

    Take that garbage elsewhere!

  • Got Peart Feb 19, 2:40 p.m.

    I grew up watching Sid play at State, and he was a favorite of mine. Hated that he didn't succeed in coaching here, but appreciated what he did.

    That being said - for the life of me, I can't grasp this. First of all, given his financial status, he MUST have someone dooing this for him. Most Wealth Managers offer tax planning and tax prep services. Clearly they had to have known about his working and residing in NC (regardless as to where this firm may be).

    Second - no way the STate of NC didn't send several notices regarding this. Did Sid just simply ignore, or did his firm ignore?

    Third - NO EXCUSE for this. My wife and I make a fraction of what he does, and we go beyond our efforts to have taxes done, double-checked, and filed well in advance of 4/15 timeline.

    In reality - here's what will happen. Sid will pay whatever back taxes he owes, plus a fine, and get some sort of probation.

    If he really has no knowledge of what is happening wiht his finances, he needs a new advisor! I know plenty I could refer him too (I work in the field)

  • ncstateforever Feb 19, 1:37 p.m.

    I always like Coach Lowe. He always treated all with respect. I don't see this has anything to... View More

    — Posted by ncstateforever

    Yep agreed. He was always a cool dude when I spoke to him. Now where is ToolSAC? He's always... View More

    — Posted by Rameses Unchained

    Coach Lowe was a good coach. The problem was his personality didn't fit in with Debbie and Packpride.

  • wildpig777 Feb 19, 12:03 p.m.

    RE: NC State's Lowe arrested for failure to file taxes
    my gosh hasn't this guy suffered enough, he coached at NC State for gosh sakes.

    you called that --COACHING?

  • hcdozier Feb 19, 11:52 a.m.

    Lowe should have had plenty of time to file his taxes between mid March and April 15th during 2009-2011, he certainly didn't have any basketball games to coach.

  • 75Tarheel Feb 19, 11:17 a.m.

    I guess the apple doesn't fall from the tree...Lowe's BOY commits Armed Robbery and Lowe 'hisself' commits white collar robbery. Cell mates maybe? Too funny!!

More...

 

 

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