Now that many college athletes are being paid a substantial amount of money through NIL (Name, image, likeness) deals, the NCAA (National Collegiate Athletic Association) is proposing a new plan that would allow the schools to finally compensate athletes directly after fighting to do so for many decades.
According to ESPN, that proposal was presented by NCAA President Charlie Baker in a letter to Division 1 schools on Tuesday, Dec. 5. In the letter that was sent out, he wants to allow the schools themselves to be able to compensate their players and take away the cap on education-related money that the students can get.
“[This proposal] kick-starts a long-overdue conversation among the membership that focuses on the differences that exist between schools, conferences and divisions and how to create more permissive and flexible rules across the NCAA that put student-athletes first,” he wrote in the letter. “Colleges and universities need to be more flexible, and the NCAA needs to be more flexible, too.”
NCAA president Charlie Baker sent a letter today to Division I members proposing a new tier of Division I membership for the highest resourced schools.
Here are the highlights of enhanced benefits for athletes that would be allowed. pic.twitter.com/gK0eztHBe4
— Ralph D. Russo (@ralphDrussoAP) December 5, 2023
The proposal is expected to be presented in an upcoming convention being held in Phoenix next month when the NCAA stakeholders meet in January.
Baker, who has only been NCAA president since March proposes that schools in the new, highest-paying subdivision would have to set aside a minimum amount of $30,000 per student-athlete for at least half of them yearly. That number is just a minimum as the schools can set it as high as they feel the student should be compensated. For the student to receive the money, they would not be required to finish and/or obtain a degree before being given those funds.
There is also a suggestion that a subdivision within the most well-resourced schools in Division I if they wanted to, can set their own rules to suit their needs as they see fit.
If any changes were to occur within the NCAA system, it typically takes a year to implement them as no timeline was provided for these proposals.