NCAA's New Subdivision Proposal Sparks Financial Concerns for College Leaders
College leaders are reacting to the NCAA's new subdivision proposal, which introduces direct compensation from schools to athletes. The proposal requires a minimum annual payment of $30,000 per athlete for half of a school's countable athletes, with no cap but a requirement to follow Title IX guidelines. Some college coaches and athletic directors are concerned about the financial implications of the proposal, questioning where the money will come from. NCAA President Charlie Baker is seeking congressional assistance and an antitrust exemption to make the proposal work. The proposal is seen as a starting point, and further discussions and adjustments are expected.
