Lede and second paragraph:

" The NCAA board of governors voted unanimously on Thursday to distribute $225 million to Division I schools in June -- less than half of what it had previously budgeted -- following the cancellation of its basketball tournaments and other winter and spring championships because of the coronavirus pandemic.

The NCAA had planned to distribute about $600 million, with the first distribution scheduled for April."

http://www.espn.com/college-sports/story/_/id/28958960/ncaa-slashes-distribution-division-schools-375m