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2000’s. 2005 – Division I Board of Directors adopt Academic Progress Rate. Teams that fail to meet min. standards may lose scholarship, postseason bans, membership restrictions. 2006 – NCAA purchases NIT for $56.5 Million 2006 – NCAA celebrates 100 th Anniversary
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2000’s • 2005 – Division I Board of Directors adopt Academic Progress Rate. Teams that fail to meet min. standards may lose scholarship, postseason bans, membership restrictions. • 2006 – NCAA purchases NIT for $56.5 Million • 2006 – NCAA celebrates 100th Anniversary • 2006 - Big 10 Network Launched • 2009 IMG College agrees to $110 Million multi-media rights fee with Ohio State Athletics • 2009 – Former Student-Athletes file Class Action Lawsuit vs. EA Sports & NCAA • 2010 - NCAA – CBS & Turner Sports agree to 14 year – 11 Billion Agreement to televise March Madness • 2010 BCS (Bowl Championship Series) agrees to $500 Million Rights agreement with ESPN to broadcast BCS games for 4 years ($125M per year) • 2011 – University of Texas & ESPN launch Longhorn Network. Deal worth $300M over 20 years