Roanoke Times Copyright (c) 1995, Landmark Communications, Inc. DATE: WEDNESDAY, June 20, 1990 TAG: 9006200430 SECTION: SPORTS PAGE: C-5 EDITION: EVENING SOURCE: DATELINE: LENGTH: Short
The committee's first recommendations, made Monday, included an agreement to allocate $4 million for catastrophic insurance for student-athletes, $3 million more than last year. It also agreed to distribute $8 million to upgrade the basketball championship tournaments in all three divisions.
But the Special Advisory Committee, formed last year after the NCAA signed a $1 billion agreement that gave CBS sole rights to the Division I basketball tournament for seven years, was unable to reach a satisfactory formula for distributing the $64 million left over after all payments for 1991 are made.
The main controversy appears to be whether the money should be distributed to all member schools or only to the 292 Division I basketball institutions.
The committee did not set a date to reconvene.
by CNB