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).
In a sign of how attitudes around gambling have changed as laws around it have softened, the NFL announced its first-ever partnership with a gambling company, naming Caesars as the league's official casino sponsor. Chris Holdren, chief marketing officer for Caesars, told Cheddar that the sponsorship represents the beginning of a relationship that could eventually become one where the NFL is directly endorsing sports betting.
Bull riding isn't just for the rodeo, anymore. It's coming to a major city near you ー and streaming online ー thanks largely to the efforts of Colorado-based Professional Bull Riders (PBR). And PBR CEO Sean Gleason told Cheddarthe organization has plenty more tricks up its sleeve to keep its momentum going.
The markets opened up sharply higher on Friday after Thursday's big sell-off. The turnaround was due in large part to investor optimism over the upcoming U.S.-China trade talks but also the December jobs report. The U.S. economy added 314,000 jobs last month, topping the 184,000 jobs expected. Plus, Professional Bull Riders CEO Sean Gleason and bull rider Tanner Bryne stopped by to chat about growing bull riding in the U.S. in an ever-changing media landscape.
These are the headlines you Need 2 Know for Friday, Jan. 4, 2019.
Fitness and beauty booking tool Mindbody is planning to make a play for the next big thing in wellness ー on-demand video, CEO Rick Stollmeyer told Cheddar on Thursday. "You can expect us to be playing in that space because we think that the on-demand and streaming video revolution hitting the fitness space is a big breakthrough," Stollmeyer said.
These are the headlines you Need 2 Know for Wednesday, Jan. 2, 2019.
These are the headlines you Need 2 Know for Monday, Dec. 31, 2018.
There's a new mixed-martial arts league on the block. The Professional Fighters League ー or PFL ー is wrapping up its inaugural season with a championship match on New Year's Eve. According to Peter Murrary, the CEO of the league, the match's purse, $1 million, is a major draw for athletes ー money talks, and can mark achievement.
These are the headlines you Need 2 Know for Friday, Dec. 28, 2018.
These are the headlines you Need 2 Know for Thursday, Dec. 27, 2018.
