An FBI probe reignited the debate over whether collegiate basketball players should be compensated. But Big East Commissioner Val Ackerman has one suggestion that could fix the issue: let top athletes go to the NBA straight out of high school.
“I think that if these top players can start earning those big dollars more quickly, that would be an instant correction,” she said Wednesday. “And that would help, as well, in the kinds of issues that were surfaced in this criminal investigation.”
Her argument echoes the sentiment of ACC Commissioner John Swofford, who on Tuesday told Cheddar there should not be a pay-for-play system in college sports.
The statements come as the federal government investigates recruiting agents and more than 20 Division I schools for giving players under-the-table bonuses or other perks, violating NCAA rules.
Some say that the NCAA, which generated more than $1 billion in revenue in the year ending in [August 31, 2017](http://www.ncaa.org/sites/default/files/2016-17NCAAFin_FinancialStatement_20180129.pdf), should pay student athletes. But Ackerman told Cheddar that players get other kinds of compensation.
“I was a student athlete at the University of Virginia. I got my education paid for, we didn’t make any money,” she said. “There’s a quid pro quo that I don’t think gets talked about enough.”
For the full interview, [click here](https://cheddar.com/videos/the-big-east-tournament-returns-to-madison-square-garden).
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Three-time Stanley Cup champion Martin Brodeur is returning to the sport to head business development for his former team, the New Jersey Devils.
Canadian Foreign Minister Chrystia Freeland is headed to Washington to continue trade negotiations with the U.S. On Monday, Mexico and the United States agreed to terms for a new trade deal.
Electronic Arts is canceling three qualifier events for its 'Madden NFL 19' tournament in the wake of Sunday's deadly shooting in Jacksonville, Florida. The company says it will conduct a review of safety measures to ensure the security of competitors and spectators.
And Kathy Ireland, Chairman Emeritus and Chief Brand Strategist at Level Brands, joins Cheddar after ringing the Opening Bell Tuesday morning. She talks about what has driven the recent success of Level Brands, a brand management and licensing company.
Nick Fullerton, CEO of SportsETFs, has created an ETF that includes companies partnering with pro leagues and teams as an indirect play on the popularity of team sports.
Tennis stars Carolina Wozniacki and Kevin Anderson and USTA Chief Revenue Officer Lew Sherr sat down with Cheddar days before the kick-off of the 2018 U.S. Open. Wozniacki expects some serious competition as Serena Williams is back in the mix after giving birth last September.
NBA Hall-of-Famer Clyde Drexler, commissioner of the BIG3 3-on-3 league, sat down with Cheddar and talked about those rumors that Kobe Bryant might join the league, as well as the league's push to bring 3-on-3 ball to Tokyo 2020.
Facebook was forced to remove its data security app, Onavo, from the App Store after Apple updated its data collection guidelines. Meanwhile, the social media giant also voluntarily removed the quiz app, myPersonality, from its platform after the app improperly collected data on more than 4 million users. And we're joined by Mike Francesa, New York sports radio legend, to hear about the launch of his new app, 'Mike's On.'
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Jason Robins, DraftKings CEO, told Cheddar the company has been working on several ventures to capitalize on the Supreme Court ruling that cleared the way for states to allow sports betting. The company's first such product rolled out this month.
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