INDIANAPOLIS – U.S. Secretary of Education Arne Duncan slammed the BCS Wednesday saying major conferences contribute “zero” to student-athlete academic success. Speaking at an NCAA Convention luncheon, Duncan added that the BCS should set aside an academic enhancement fund.
“I think it is a problem that BCS conferences use zero – zero percent of their bowl game revenues for educational components or to support student academic success,” Duncan said during remarks made at the luncheon where he was the keynote speaker.
BCS executive director Bill Hancock deferred comment to the individual conferences. Duncan cited the NCAA basketball tournament distribution formula that awards teams an equal share (approximately $1.4 million) for each victory. The BCS distributes approximately $150 million per year to the 11 FBS conferences.
“I believe the NCAA tournament revenue formula should do more to award teams that don’t short change academics …,” Duncan said. “The BCS awards even more [upwards of $20 million per participating team]. There has to be a better way to distribute postseason revenue and do more to support the educational mission of those universities.
“A BCS conference should set aside a meaningful share of bowl revenues for an academic enhancement fund to support the education of the student-athletes,” Duncan added. “The NCAA has no control over bowl revenues so this would be a decision each conference would have to make.”