COLLEGE BASKETBALL

                      

 

                College basketball is basketball that is played by teams of amateur student-athletes at universities and colleges. In the United States, colleges and universities are governed by collegiate athletic bodies, including the National Collegiate Athletic Association (NCAA), the National Association of Intercollegiate Athletics (NAIA), the United States Collegiate Athletic Association (USCAA), the National Junior College Athletic Association (NJCAA), and the National Christian College Athletic Association (NCCAA). Each of these various organizations is subdivided into one to three divisions, based on the number and level of scholarships that may be provided to the athletes. Teams with more talent tend to win over teams with less talent.

   The National Collegiate Athletic Association (NCAA)^[b] is a nonprofit organization that regulates student athletics among about 1,100 schools in the United States, and 1 in Canada.^[3] It also organizes the athletic programs of colleges and helps over 500,000 college student athletes who compete annually in college sports.^[3] The headquarters is located in Indianapolis, Indiana.

Until 1957, the NCAA was a single division for all schools. That year, the NCAA split into the University Division and the College Division.^[4] In August 1973, the current three-division system of Division I, Division II, and Division III was adopted by the NCAA membership in a special convention. Under NCAA rules, Division I and Division II schools can offer athletic scholarships to students. Division III schools may not offer any athletic scholarships. Generally, larger schools compete in Division I and smaller schools in II and III. Division I football was further divided into I-A and I-AA in 1978, while Division I programs that did not have football teams were known as I-AAA. In 2006, Divisions I-A and I-AA were, respectively, renamed the Football Bowl Subdivision (FBS) and Football Championship Subdivision (FCS). In its 2022–23 fiscal year, the NCAA generated $1.28 billion in revenue, $945 million (74%) of which came from airing rights to the Division I men's basketball tournament.^[5]

Controversially, the NCAA substantially restricts the kinds of benefits and compensation (including paid salary) that collegiate athletes could receive from their schools. The consensus among economists is these caps for men's basketball and football players benefit the athletes' schools (through rent-seeking) at the expense of the athletes.

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