Key insights
- Higher education institutions have new NCAA compliance rules for how they must report college sports revenue.
- New categories make it easier to understand athlete compensation, and post-season expenses are now broken down by sport, with separate categories for football and non-football sports.
- Schools need to update how they track and report their sports finances — and taking a look at your agreed upon procedures is an important first step.
Higher education institutions may need to rethink how they track, categorize, and report college sports revenue — and it could mean big changes for athletic department finance teams.
As collegiate athletics continue to evolve amid legal, financial, and cultural shifts, the National Collegiate Athletic Association (NCAA) has responded with a significant overhaul of its financial reporting…