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 Post subject: Moratorium News - $1M Application to Div I
PostPosted: Fri Aug 14, 2009 8:10 am 
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From AGS

http://www.usatoday.com/sports/college/other/2009-08-12-Notes_N.htm
Quote:
The NCAA is weighing a number of new conditions to join its richest, highest-profile division, including an application fee of as much as $1 million. Reclassifying schools now pay $15,000.

The guidelines are being hammered out by the Division I Leadership Council, which reports in October to the school presidents and chancellors on the D-I Board of Directors. The earliest any changes would kick in is April.

"Division I is a significant brand. There's a nice revenue-sharing pool," says Georgia athletics director Damon Evans, who heads the Leadership Council. "We've just got to make sure … that those in Division I are the right institutions and can meet the standards and qualifications."

The action comes as Division I has grown from 310 schools a decade ago to 335, with another 13 en route to full membership by the 2012-13 school year. Concerned about overgrowth — and an influx of schools lacking Division I-level funding and other resources — the NCAA cut off new applications until August 2011.


I'm glad we made the move when we did! :shock:


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 Post subject:
PostPosted: Fri Aug 14, 2009 8:56 am 
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With as much money as we have laying around, another $1M wouldn't have meant much.


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PostPosted: Fri Aug 14, 2009 9:15 am 
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not at all. If you can pay a guy $670,000 to not work for you then surely you can pay $1 million for something as significant as a move to Division I. Would've been a drop in the bucket for the Center of Learning.


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PostPosted: Fri Aug 14, 2009 9:24 am 
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It also probably would have given you-know-who a couple more articles to write! :lol:


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 Post subject:
PostPosted: Fri Aug 14, 2009 1:58 pm 
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Beary Manilow wrote:
If you can pay a guy $670,000 to not work for you that did something crooked..


Hope you didn't mind BM. I was overcome by sarcastiness.


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