COMPLIANCE UPDATE

Weekly Compliance Update
A weekly email about NCAA Rules and Regulations
For Members of the MSU Athletic Department
September 8, 2009

Exception for Prize Money for SAs outside the playing season and during summer vacation period

The membership adopted legislation last April that made an exception to the prize money legislation prohibiting the receipt of prize money by Student-athletes. It is now permissible for individual sport SAs (ski, tennis, track and field, cross country, and golf) to accept prize money after initial enrollment in a collegiate institution if the following conditions are met:

1) The prize money must be based on the student-athlete’s place finish or performance
2) The event must be an open event (not invitation only)
3) The competition must occur outside the declared playing and practice season
4) The competition must occur during the summer vacation period
5) The prize money may not exceed actual and necessary expenses
6) The prize money may only be provided by the sponsor of the open event

Please note that if student-athletes in individual sports plan to take advantage of this limited exception to the prize money legislation, they must keep detailed receipts of any expenses they incur as this documentation may be requested at a later date.