Knight Commission Calls for NCAA to Transform its Guidelines for March Madness Revenues to Better Support College Athletes and Protect Financial Integrity
The Knight Commission on Intercollegiate Athletics met today at the National Press Club and called for the NCAA to establish a new guiding principle for the use of NCAA revenues distributed to institutions from the March Madness tournament. The Commission recommended that 100 percent of NCAA revenues received by institutions should be restricted to supporting athletes’ education and providing them with appropriate health and safety benefits and protections. Under current guidelines, just 25 percent of NCAA revenues received by institutions are restricted to support athletes’ education and provide other benefits.