The Knight Commission on Intercollegiate Athletics today will propose in a virtual public session changes to the NCAA’s March Madness revenue distribution, which sends nearly $600 million to its 351 Division I schools every year. In addition to this direct funding to Division I schools, March Madness revenues support both NCAA operations and 90 national championships for 24 sports across all three membership divisions, which include more than 1,000 colleges and universities.
Releases and Statements
On Wednesday, Sept. 30, 2020, the Knight Commission on Intercollegiate Athletics will hold the second virtual forum of its four-part series on the NCAA Division I model and the need for reform. This 60-minute forum, A New Analysis of the D-I Revenue Distribution Formula Inequities, will examine the financial distributions from Division I’s two marquee events: the NCAA Men’s Basketball Tournament and the FBS College Football Playoff.
On Wednesday, Sept. 16, 2020, the Knight Commission on Intercollegiate Athletics will kick off the first in a series of four public forums to be held this fall examining the NCAA Division I model and the need for reform. The forums, Transforming the NCAA D-I Model: A 4-Part Series, begin with a session on the often misunderstood finances of Division I.
The Knight Commission appreciates the gravity, urgency and uncertainty of decisions about how to reopen college sports, and recognizes that reopening college sports programs is an important leading indicator of the broader national crisis gripping higher education during the COVID-19 pandemic. The decisions that college leaders make about whether to bring athletes back to campus and engage in training and competition should not be made in isolation but rather should go hand in hand with decisions about returning other students to dorms, classrooms and dining halls. Maintaining the safety and health of college athletes is just as vital as maintaining the safety and health of all students, faculty, staff and university administrators.
On June 4, 2020, the Knight Commission on Intercollegiate Athletics held a webinar to assess the NCAA’s proposal allowing college athletes to earn money for the use of their name, image and likeness (NIL) and to evaluate key differences with recommendations made by other groups. The session focused on issues such as compliance with fair market value, the confusion around group endorsement opportunities and ways to achieve uniformity, either through Congress or the Uniform Law Commission. The expert panel included Congressman Anthony Gonzalez, who is working on an NIL bill, Val Ackerman, Gabe Feldman and Tom McMillen.
The Knight Commission on Intercollegiate Athletics Co-Chairs Arne Duncan and Carol Cartwright wrote a letter to NCAA President Mark Emmert offering support, and some specific recommendations, as Emmert and the Division I governance groups work to adapt NCAA policies to the financial crisis spawned by the COVID-19 pandemic.
The Knight Commission on Intercollegiate Athletics released a set of principles today to guide the development of new policies allowing college athletes to earn compensation for the use of their name, image and likeness (NIL) from sources other than their institutions.
For Public Release Dec. 16, 2019 The Knight Commission on Intercollegiate Athletics, a leading voice for college sports reform, informed NCAA President Mark Emmert today that it will examine new models to restructure college sports, citing the challenges created by the “highly commercialized environment” for Football Bowl Subdivision (FBS) football and some NCAA Division I…
For Public Release May 22, 2019 Photos are available here. Videos are available here. Agenda and list of meeting participants available here. WASHINGTON, D.C. – The Knight Commission on Intercollegiate Athletics today discussed a series of recent reforms made in response to the men’s college basketball scandal and urged the NCAA to continue efforts to…
For Release: March 7, 2019 Revamped data tool provides innovative look at how NCAA Division I institutions make and spend money in college sports Washington, D.C. — In an effort to inject more financial transparency into college sports, the Knight Commission on Intercollegiate Athletics has unveiled a revamped and innovative College Athletics Financial Information (CAFI)…