The NCAA has decided to suspend its membership dues for institutions this academic year. It's going to cost them over $1 million in losses, but still glad they were able to relieve some financial pressures. After all, that extra $1,000+ savings for schools can now allow them to print a full-color banner for an upcoming event, buy the basketball team shoes, buy give-a-ways for a baseball game, etc. Every bit helps.

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Read the story here.

Snip-it:
"NCAA membership dues for 2009-10 have been suspended as part of an NCAA national office effort to relieve fiscal pressure on member schools during an economic downturn affecting all of higher education.

The NCAA Executive Committee approved the suspension of dues for Divisions I, II and III members at its April 30 meeting in Indianapolis based on a recommendation from the Executive Committee’s finance committee. Dues range from $900-$1,800, depending on division affiliation. The action will result in a collective savings of about $1.3 million for the membership."

Source: NCAA.org

Very sound gesture given the current economic status...

Add it to the stadium fund piggy bank!