NCAA President Myles Brand presented the award to Malloy, and the Leadership Advisory Board made a $5,000 gift to Notre Dame for a new fund honoring Malloy.

The Flying Wedge is awarded as one of the NCAA's highest honors to individuals who exemplify outstanding leadership and service to the Association. Malloy's service to the NCAA has been long: He was first appointed to the NCAA Foundation board in 1989, and was re-appointed to the Leadership Advisory Board when the foundation became defunct. He served on the Leadership Advisory Board until 2003. Malloy has served in the Association's governance structure and currently chairs the NCAA Sports Wagering Task Force. His involvement in the anti-sports wagering movement came long before the task force was convened -- he was part of a group of Division I coaches, administrators and presidents who in 2001 met with members of Congress to express support for legislation that would have extended a ban on legal sports wagering on college athletics in all states. Malloy also was involved in postseason football discussions with the Bowl Championship Series coalition.

Malloy is a graduate of Vanderbilt University and Notre Dame. He has received 16 honorary degrees and was ordained in the Basilica of the Sacred Heart on the Notre Dame campus in 1970.

As a former varsity basketball player, Malloy also has received the National Association of Basketball Coaches Balfour Silver Anniversary Award for his civic leadership and service. Malloy announced late last year that he would retire from Notre Dame's presidency on June 30, 2005.

The Flying Wedge award is given infrequently by the Leadership Advisory Board, though other NCAA groups have bestowed it on deserving individuals. Those named Flying Wedge Award recipients by the Leadership Advisory Board are: U.S. Vice-President Richard Cheney; Thomas Curley, president and CEO of the Associated Press; Stevie and Karl Eller, chair and CEO of the Eller Company; James Morris, executive director of the United Nations World Food Program; Edwin Lupberger, president of Nesher Investments, LLC; Marion B. Peavey Sr., vice-president for development and college relations at Wofford College and executive director emeritus of the NCAA Foundation; George Steinbrenner III, principal owner of the New York Yankees; and Randall Tobias, U.S. ambassador and Global AIDS coordinator.