Why The New NCAA Rules Are Hurting March Madness
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The NCAA began allowing college athletes to transfer without having to red shirt, or "sit out" for a year without playing in October 2018. Since then, student athletes have taken full advantage of the transfer portal, and even sometimes transferring multiple times during their Division 1 college career. The new rule combined with allowing players to earn money in college, something called Name, Image, and Likeness (NIL) has some who believe its a good thing and some who think college sports shouldn't be professionalized. CNBC's Sport and Media reporter, Alex Sherman breaks down the transfer portal's impact on March Madness. Chapters: 0:00 Introduction 0:25 Chapter 1 - What is the transfer portal 1:26 Chapter 2 - Impact 2:43 Chapter 3 - The pros 3:15 Chapter 4 - Biggest losers 4:04 Chapter 5 - The future of college athletics Reporting by: Alex Sherman Edited by: Evan Lee Miller Senior Managing Producer: Tala Hadavi Additional Footage: Getty Images, AP Newsroom » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Do you want a new career that’s higher-paying, more flexible or fulfilling? Take CNBC’s new online course - How to Change Careers and Be Happier at Work. Pre-register today and use coupon code EARLYBIRD for an introductory discount of 30% off $67 (+taxes and fees) through May 13, 2025: https://cnb.cx/4igNyqZ Connect with CNBC News Online Get the latest news: https://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC on Threads: https://cnb.cx/threads Follow CNBC News on X: https://cnb.cx/FollowCNBC Follow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC #CNBC #MarchMadness Why The New NCAA Rules Are Hurting March Madness