The SEC commissioner wants more power conference teams in the tournament and doesn't seem to care what that means for the little guy. The problem is that those small conference teams are what make March Madness so special.
Amid one of the most pivotal times in college athletics, the SEC and Big Ten are creating a joint advisory group to address the turmoil enveloping the industry.
The Big Ten and Southeastern Conference are formally trying to find solutions to the issues facing college sports. The two wealthiest and most-powerful college conferences announced Friday the formation of a joint advisory group of university leaders and athletic directors. The enterprise of big-time college sports is struggling to adapt quickly under constant legal and political pressures.
Investors that use shareholder resolutions to pressure companies on environmental and social issues said they are worried that an Exxon Mobil lawsuit bypassing the U.S. securities regulator could undermine their influence. Under appointees of U.S. President Joe Biden, the Securities and Exchange Commission (SEC) has made it more difficult for companies to prevent these resolutions from moving to a shareholder vote by appealing to the regulator. Exxon sidestepped the SEC and filed a lawsuit earlier this month against two shareholders that had put forward a resolution calling on the oil major to set new targets for reducing some of its greenhouse gas emissions.