Student-athlete welfare. Opportunity. Education.
The NCAA is a nonprofit association that is committed to providing opportunity for more than 430,000 college students who compete annually in intercollegiate athletics.
Sixty percent of NCAA revenue is distributed directly to Division I conferences, which pass most of that money along to their member institutions to support their athletics programs. Another major use of NCAA revenue is the support of 89 national championships in 23 sports, including coverage of travel expenses for all participants. Other student-athlete benefits include catastrophic-injury insurance coverage for all student-athletes; year-round and championship drug-testing programs; and various scholarship programs, among others.
Most NCAA revenue comes from a 14-year, $10.8 billion agreement with Turner Broadcasting and CBS Sports for rights to the Division I Men’s Basketball Championship. Projected NCAA revenue for 2012-13 is $797 million, $712 million of which (90 percent) is projected to come from media rights payments.