NCAA won't join pro leagues in seeking integrity fee from sports betting
The NCAA appears unlikely to join pro leagues such as the NBA and MLB in seeking an integrity fee as legalized sports betting becomes available across the United States.
Speaking at a convention this week, NCAA senior vice president and chief financial officer Kathleen McNeely said the organization as a whole won't seek any gambling revenue, instead allowing individual schools to decide whether they want to target any integrity fees.
"We know it will cost money to monitor, but (president) Mark Emmert has been pretty firm in saying he doesn't think it's appropriate for the NCAA to try to access that revenue," McNeely told a group of business administrators from college athletics, according to Steve Berkowitz of USA Today.
McNeely reiterated that the NCAA is opposed to sports betting.
Legalized sports betting is being implemented on a state-by-state basis after the Supreme Court voted in May to give each region the power to decide whether to legalize it or not.
West Virginia and Marshall are reportedly seeking an integrity fee from casinos in their state to help cover the costs of compliance and monitoring betting irregularities.
The NBA and MLB have proposed a 1 percent integrity fee from regulators in the states where sports betting is now legal.