The News-Sentinel (Fort Wayne, Ind.) Pete DiPrimio column - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.ℱ

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Advertise
    • Contact
    • Editorial Staff
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
June 12, 2014 Newswires
Share
Share
Tweet
Email

The News-Sentinel (Fort Wayne, Ind.) Pete DiPrimio column

Pete DiPrimio, The News-Sentinel (Fort Wayne, Ind.)
By Pete DiPrimio, The News-Sentinel (Fort Wayne, Ind.)
McClatchy-Tribune Information Services

June 12--College athletic landscape is changing faster than you can say, Ed O'Bannon. From lawsuits to restructure to expansion to autonomy (at least for the five power conferences) to even a four-team national football playoff, tradition is going the way of the BCS.

Here is Indiana athletic director Fred Glass, in the middle of it without directing it, set to alter the way he does business.

Take, for instance, the concept of autonomy, which will enable the 65 schools that comprise the five major conferences -- the Big Ten, the ACC, the SEC, the Pac-12 and the Big 12 -- to make rules without the support of 286 other schools that compete in NCAA Division I.

These conferences make billions of dollars from TV deals (can you say the Big Ten Network) and more, and they want spend it as they see fit, without smaller schools hindering them.

Much of this -- such as paying the full cost of a college scholarship (an extra $3,000 for things such as food, laundry, movies and more) -- is to blunt the effect from some of the lawsuits (EA Sports, O'Bannon) as well as the threat of unionization.

Currently, athletes can't make money off their names, images and likenesses, specifically off of television appearances or the sale of jerseys and other sports paraphernalia. The NCAA and universities can. The O'Bannon suit alleges that's illegal, and that athletes should share in the profits.

The NCAA just settled the EA Sports suit by agreeing to pay $20 million (EA Sports will pay another $40 million) to former athletes who were featured in college sports video games.

EA Sports has stopped making such games.

Big 5 conference officials believe autonomy is the only way to preserve the amateur sports model without being forced into a pay-players scenario. Will it widen the gap between rich and poorer conferences? Without question, but that's not a power conference priority.

SEC commissioner Mike Slive has suggested that if the five major conferences don't get the authority they want (the NCAA board of directors will vote on it in January), they'll consider forming a Division IV just for them.

Meanwhile, the five mid-major conferences trying to hang on to relevance (Mid-American, American Athletic Conference, Conference USA, Sun Belt Conference and Mountain West Conference), and retain an outside shot at making the football playoff, talk about trying to provide the same benefits, but without the resources to do it.

Good luck.

Anyway, Glass is all for autonomy, believing it can't come soon enough.

"I hope so. Now I'm not a great student of that. I stick to my knitting. But the sense of it is so compelling, I hope cooler heads will prevail and that kind of autonomy will be given to the Big 5. I think it's good for athletics and the student athletes."

Glass said it's important the Big 5 conferences get the power to make necessary change.

"There is a lot of talk of change -- the unionization initiative at Northwestern, multiple lawsuits challenging aspects of the way intercollegiate athletics operate, change from within in terms of governance. To me it's only so much noise unless it will positively impact the experience of the student athletes.

"It doesn't do the Big 5 conferences any good to reorganize and get a lot of autonomy if we're not able to deliver some of the things I think need to be delivered for the well being of student athlete. Other athletic directors want that. We need to make sure we don't win the battle and lose the war. That's why major conferences will hold out -- to make sure if we do get the apparent power to make change, that we have the real power to make change so we can deliver more value to student athletes."

What is that value?

"The ability to give the full cost of attendance. Give student athletes the money they need to get around. I'm not talking about paying them above the cost of being in school. I'm talking about the elusive pizza, laundry and cab money. The money that other kids get from their scholarships and grants in aid, but we're not allowed to give student athletes. We should be able to do that.

"There should be an educational trust that enables us to deliver on an undergraduate education even for kids who might have to leave school early. We can give them an opportunity to get better advice in a transparent atmosphere from legitimate agents on (professional) prospects for the future.

"Opportunities to benefit from the experiences they have -- for instance, why can't we buy tickets for them to experience a Broadway show when we're already in New York? Those kind of things that are common sense, but that don't happen when you get bogged down in the bureaucracy of the NCAA.

"Those are the kind of things I think we need to make sure we focus on, and not so much on who sits where and who's on what committee."

That leads to the big question -- how do you pay for all that?

"We've addressed that," Glass said. "Each institution is writing the numbers. There is a cost for all this stuff, cost for attendance, for expanded food service. Some we have to prioritize within our budgets. Other things are so large it would take some sort of pooled asset investment, perhaps from the reserved funds of the NCAA for things like long-term health insurance. That will have to be addressed.

"Most of these are important enough to prioritize from our individual budgets. That's challenging for a school like Indiana that is in a well-resourced conference while we're a relatively low-resourced institution. If we want to run with the big boys, we have to play with the big boys, and we'll find the money to do it."

This column is the commentary of the writer and does not necessarily reflect the views or opinions of The News-Sentinel. Email Pete DiPrimio at [email protected].

___

(c)2014 The News-Sentinel (Fort Wayne, Ind.)

Visit The News-Sentinel (Fort Wayne, Ind.) at www.news-sentinel.com

Distributed by MCT Information Services

Wordcount:  1021

Older

Palm Beach County

Newer

Litigator Steve Wood joins Chuhak & Tecson

Advisor News

  • Advisors underestimate demand for steady, guaranteed income, survey shows
  • D.C. Digest: 'One Big Beautiful Bill' rebranded 'Working Families Tax Cut'
  • OBBBA and New Year’s resolutions
  • Do strong financial habits lead to better health?
  • Winona County approves 11% tax levy increase
More Advisor News

Annuity News

  • Talcott Financial Group Launches Three New Fixed Annuity Products to Meet Growing Retail Demand for Secure Retirement Income
  • Judge denies new trial for Jeffrey Cutter on Advisors Act violation
  • Great-West Life & Annuity Insurance Company Trademark Application for “EMPOWER BENEFIT CONSULTING SERVICES” Filed: Great-West Life & Annuity Insurance Company
  • 2025 Top 5 Annuity Stories: Lawsuits, layoffs and Brighthouse sale rumors
  • An Application for the Trademark “DYNAMIC RETIREMENT MANAGER” Has Been Filed by Great-West Life & Annuity Insurance Company: Great-West Life & Annuity Insurance Company
More Annuity News

Health/Employee Benefits News

  • Are you choosing to go without health insurance in 2026?
  • My thoughts on Medicare Advantage
  • Aetna to cover IVF treatments for same-sex couples in national settlement
  • ‘Egregious’: Idaho insurer says planned hospital’s practices could drive up costs
  • D.C. DIGEST
More Health/Employee Benefits News

Life Insurance News

  • Conn. regulators prep PHL Variable for liquidation after selloff fails
  • New York Life Enters 2026 with Industry-Leading Financial Strength Ratings
  • Talcott Financial Group Launches Three New Fixed Annuity Products to Meet Growing Retail Demand for Secure Retirement Income
  • Venerable Successfully Acquires Investment Adviser and Closes Reinsurance Transaction
  • One Bellevue Place changes hands for $90.3M
Sponsor
More Life Insurance News

- Presented By -

Top Read Stories

More Top Read Stories >

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Elevate Your Practice with Pacific Life
Taking your business to the next level is easier when you have experienced support.

ICMG 2026: 3 Days to Transform Your Business
Speed Networking, deal-making, and insights that spark real growth — all in Miami.

Your trusted annuity partner.
Knighthead Life provides dependable annuities that help your clients retire with confidence.

8.5% Cap Guaranteed for the Full Term
Guaranteed cap rate for 5 & 7 years—no annual resets. Explore Oceanview CapLock FIA.

Press Releases

  • Two industry finance experts join National Life Group amid accelerated growth
  • National Life Group Announces Leadership Transition at Equity Services, Inc.
  • SandStone Insurance Partners Welcomes Industry Veteran, Rhonda Waskie, as Senior Account Executive
  • Springline Advisory Announces Partnership With Software And Consulting Firm Actuarial Resources Corporation
  • Insuraviews Closes New Funding Round Led by Idea Fund to Scale Market Intelligence Platform
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Advertise
  • Contact
  • Editorial Staff
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet