The alleged bookmaker, Teddy Mitchell, 58, of Oklahoma City, will be tried on a federal indictment accusing him of operating an illegal gambling enterprise.
Parmley, 39, admitted to FBI agents he bet on collegiate and professional football games for years, making payments to Mitchell on losses and collecting from him for wins, until Parmley stopped gambling in 2010, the (Oklahoma City) Oklahoman reported Wednesday.
Parmley was not a target or subject of the gambling investigation, his lawyer, Derek Chance, said Tuesday. He has not been charged with any crimes, the newspaper said.
University president Steadman Upham announced Parmley's suspension Tuesday afternoon.
2014: The Year in Music [PHOTOS]