On Monday,
Iowa announced the school is aware of a sports wagering investigation and is fully cooperating as 26 current student-athletes are involved across several sports -- baseball, football, men's basketball, men's track and field, and men's wrestling -- along with one full-time employee of the UI Department of Athletics.
Iowa notified the NCAA of potential violations and also added it has "hired outside counsel to assist in the investigative process."
The school's announcement came the same day Iowa State revealed
it is conducting a similar investigation. Gambling is legal in the state of Iowa, but NCAA rules ban athletes from participating.
Iowa's probe comes after multiple UI baseball players were suspended for a three-game series against Ohio State that took place in Iowa over the weekend, reportedly because the Iowa Racing and Gaming Commission
launched an investigation.