At its 20th anniversary meeting in Miami on Monday, the Knight Commission on Intercollegiate Athletics released the results of a survey of university presidents indicating the rising costs of college athletics need to be curtailed.
More than 80 percent of Division 1A (known as Football Bowl Subdivision) school presidents participated in the survey. Of those, 85 percent believe salaries for football and basketball coaches are excessive, and a majority believe even those on their own campuses are overpaid.
Costs of athletics have risen three to four times faster than those for academics. While a majority of the presidents believe serious reform needs to occur there was little consensus on how to make that happen. Read the report here. Read the AP’s account of the meeting here.
With the research in hand, the commission plans to issue a report next year detailing how to approach reform.
The Commission also unveiled a new feature, College Sports 101, on its Web site today that examines the money in college sports, including revenues and expenditures. College Sports 101 can be found here.