Board vows swift action on basketball commission’s recommendations

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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.

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.