"NCAA President Proposes New Division for Direct Athlete Compensation"
Originally Published 2 years ago — by CBS Sports
NCAA president Charlie Baker has proposed a plan that would create a new FBS subdivision allowing schools to directly compensate student-athletes through an educational trust and name, image, and likeness deals. Membership in the subdivision would be voluntary, but schools would need to invest at least $30,000 per year into an educational trust fund for half of their athletes, guaranteeing them $120,000 over four years. The proposal aims to address the challenges facing the NCAA and keep FBS football under its umbrella while allowing athletes to be compensated without employee status. Athletic directors have expressed support for the plan, which could lead to new rules specific to higher-revenue universities.