NCAA forms commission to look at how college basketball works

The NCAA said it will form a commission to study the inner workings of college basketball in response a federal investigation into bribery and fraud that rocked the sport and implicated several assistant coaches.

The NCAA announced the commission Wednesday and said former Secretary of State Condoleezza Rice will lead the committee.

NCAA president Mark Emmert said the NCAA needs to quickly make “substantive changes” in the way it operates. He said the changes will focus on the relationships between the NCAA, schools, athletes and coaches with outside entities like shoe companies, agents and financial managers. He said the committee will also examine the effects of the “one and done rule,” and college basketball’s relationship with the NBA.

Louisville: The Cardinals announced they “parted ways” with assistant coach Jordan

Fair, who had been on paid administrative leave in the wake of a national federal investigation of bribery in college basketball. A school release stated that it exercised an option in his contract to terminate him without cause and will pay him for 30 days.