It's legal when the leagues do it -- it's not legal when the players do it...

And the players, even current ones, are too stupid to see this.

20 players in the last three seasons (including four that have played in the last WEEK!) are among almost 40 people indicted today in Federal court on sports bribery and match fixing.

The four include the preseason Conference USA player of the year -- the player forecast to be the best player in the conference THIS SEASON, Keenesaw State's Simeon Cottle, who has been thrown off the team.

None of the alleged incidents involve games of this college basketball season, but at least 20 players are said to have thrown games in the last two before it. 

The price is alleged to be $10,000-$30,000 per game to throw the games.