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FILE - South Carolina head coach Dawn Staley celebrates after the Final Four college basketball championship game against Iowa in the women's NCAA Tournament, Sunday, April 7, 2024, in Cleveland. (AP Photo/Morry Gash, File)

NCAA moves closer to financially rewarding women's basketball teams that reach March Madness

Women’s college basketball teams are a step away from getting financially rewarded for success in the NCAA Tournament

By DOUG FEINBERG
Published - Aug 07, 2024, 11:22 AM ET
Last Updated - Aug 07, 2024, 11:22 AM EDT

Women’s basketball teams moved a step closer to getting financially rewarded for success in the NCAA Tournament.

The Division I Board of Directors voted unanimously Tuesday to introduce a proposal that will give performance units to teams that play in March Madness. Units represent revenue.

The proposal goes to the NCAA's Board of Governors later this week to approve the allocation of funds, which is considered a formality. If approved by Division I membership in January, the plan would begin rewarding results with the 2025 tournament.

Central Arkansas President Houston Davis, who is the chairman of the board's finance committee, said the panel has been working on women's basketball units for about a year, though conversations go farther back than that.

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