National Collegiate Athletic Association |
The NCAA News - DigestAugust 5, 1996
EXECUTIVE COMMITTEEApproval of 1996-97 budget to highlight August meeting The NCAA Executive Committee is expected to approve a 1996-97 budget with projected operating revenue of $239.4 million when it meets August 7-9 in Jackson, Wyoming. The Executive Committee also will review several topics that involve finances, including the report of the NCAA Investment Reserve Committee, which met in July; the Association's new Internet Web site; the revenue-distribution plan; the impact of new initiatives and restructuring on staff and operating costs; and Division II compliance efforts. Next year, barring any modifications in the implementation date of the restructuring legislation that was approved at the January Convention, the 1997-98 budget will be formed primarily on a division-by-division basis. Staff contact: Tricia Bork and Frank E. Marshall.
COUNCILProposed legislation to dominate agenda The focus will be on proposed legislation for the 1997 NCAA Convention when the NCAA Council meets August 12-14 in Hot Springs, Virginia. Primary attention will be devoted to the final phase of restructuring legislation, most of which will be addressed on a division-by-division basis. At the 1996 Convention, delegates in all three divisions approved the framework for a restructured NCAA and left the details until the 1997 event. At this meeting, the Council and the division steering committees will propose legislation designed to fill in those details. The principal emphasis will involve establishment of a committee substructure for the Association and for each division. Staff contact: Nancy L. Mitchell.
AGENTSCommittee develops three-part initiative An NCAA special committee has developed a three-part initiative to counter mounting problems with sports agents. The plan involves education of student-athletes, flexibility in meeting their financial needs, and regulation and enforcement. The committee will report its findings and proposals to the NCAA Council at its August 12-14 meeting. Suggestions for improving flexibility in financial aid rules include allowing student-athletes to work on a limited basis and de-velopment of a loan program for student-athletes who have potential to play in pro-fessional leagues. The loan program would enable a student-athlete to borrow against his or her future earnings. Most likely, the program initially would apply to basketball and football athletes, said Cedric W. Dempsey, NCAA executive director, with possible expansion to other sports later. Staff contact: S. David Berst. |