You are here

Board vows swift action on basketball commission’s recommendations

Board of Governors commits financial resources to aid implementation

The NCAA Board of Governors committed this week to moving quickly with significant financial resources and timely action to implement the forthcoming recommendations from the Commission on College Basketball, an independent group chaired by Condoleezza Rice.

Although the commission has not yet provided its report, the board decided during its quarterly meeting at the NCAA Convention on Wednesday to set aside $10 million in reserves this year to help members implement the accepted recommendations. Additionally, the board approved setting aside $2.5 million annually beginning with the 2019-20 fiscal year to implement any approved recommendations.

In a joint statement, the Board of Governors and Division I Board of Directors affirmed during their meetings at the 2018 NCAA Convention that they stand ready to act on the commission’s recommendations before the start of the next basketball season.

“It is imperative that the NCAA leadership move swiftly on the commission’s recommendations,” said G.P. “Bud” Peterson, chair of the Board of Governors and president of Georgia Tech. “To this end, we have approved a tentative review and implementation process that will allow us to act on the recommendations of the commission in a timely fashion. We may well have some difficult decisions to make in the areas of academics, well-being, and fairness and are both prepared and committed to do so.”

The boards noted they will direct the commission’s April recommendations to the appropriate policy and legislative membership channels for immediate evaluation and action. The boards will then take final action in August.

Supplemental distribution

The Board of Governors also approved a one-time, $31.5 million supplemental revenue distribution to Division I members.

The funds will be distributed this February and will provide the most support to schools with the largest population of student-athletes. The distribution will be based on the number of athletics opportunities provided by scholarships, number of teams and success in the men’s basketball championship. These funds are in addition to the normal annual distributions given to members.

The allocation will be paid from the increase in the NCAA’s net assets for the year that are unallocated. In addition to the funds for implementing the Commission on College Basketball’s recommendations, the remaining net assets are held in the event of an operating disruption that prevents the Association from meeting its committed obligations and to ensure programs available to NCAA membership continue.