Knight Commission to Seek Changes to How NCAA Distributes March Madness Revenue
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.