August 7, 2014 / 5:20 PM / 3 years ago

U.S. college leaders vote in favor of sports reform -NCAA

Aug 7 (Reuters) - U.S. college leaders voted on Thursday to give the five richest athletic conferences a measure of autonomy in how they govern major college sports, the National Collegiate Athletic Association said, which may result in greater financial compensation for student-athletes.

The so-called power five conferences - the Atlantic Coast Conference, Big 10, Big 12, Pac-12 and Southeastern Conference - and the NCAA have been under fire from critics for generating billions in revenue from amateur athletics. (Reporting by Eric Kelsey; Editing by Meredith Mazzilli)

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