March Madness is upon us again and so is the conversation of compensation for student athletics. The NCAA Basketball tournament is expected to generate a billion dollars in revenue this year. The five most powerful and wealthiest conferences in college sports, the Big Ten, Big 12, Atlantic Coast Conference, Pac-12 and Southeastern Conference recently passed NCAA legislation that increases the value of an athletic scholarship to cover the federally determined actual cost of attendance. Other Division I conferences have said they will consider cost of attendance for some sports but not necessarily all. The exact value of cost of attendance will vary from school to school. Stipends have been estimated at $2,000 to $4,000 annually. They are designed to cover the cost-of-living expenses that fall outside athletic scholarships.
How do you feel about cost of attendance stipends and overall compensation for student athletes? Will the big five conferences have an advantage in recruiting players because of the additional stipend? How do you think smaller conferences and HBCU sports programs will be affected?