The NCAA Division I Board of Directors on Monday proposed deleting 153 longstanding rules from its handbook, a move that will allow schools to share financial benefits directly with players — an expected step towards a new era of amateurism in college athletics, but one that remains contingent upon the approval of the House settlement.
NCAA board members met for about four hours on Monday and emerged with nine major proposed legislative changes, including permission for schools to provide direct financial payments to players, including for use of their NIL. NCAA leaders are aiming to reshape the organization’s role and are poised to effectuate sweeping changes by July 1 if the settlement is approved. Schools have until June 15 to decide whether to opt to provide benefits that would be permissible under the settlement for the coming academic year.
Proposed legislation also includes sport-specific roster limits and allowing full scholarships to all student-athletes on a declared roster — a move the NCAA said will double the scholarships available in women’s sports.
The proposed changes would also align with the expected House settlement in that it would allow Power 4 schools and others who choose to offer settlement-related benefits to provide up to $20.5 million in direct financial benefits to players. (Not all Division I schools will choose to operate in the new system enabled by the settlement, as the Ivy League has chosen to opt out and continue to operate under the current structure.)
