The National Collegiate Athletic Association (NCAA) is a nonprofit, member-led organization committed to the well-being and lifelong success of college athletes in the United States and Canada. It governs collegiate sports for over 500,000 student-athletes across about 1,100 member institutions in three divisions (I, II, and III), each tailored to different sizes and competitive levels of schools. The NCAA annually awards nearly $4 billion in athletic scholarships and supports student-athletes in achieving academic success at rates higher than their general student peers[1]. Founded in 1906, the NCAA adopted its current three-division structure in 1973 to ensure fair competition and broaden championship opportunities. Division I schools typically have the largest enrollments and athletic budgets, offering the most scholarships, while Divisions II and III emphasize academic achievement and broad participation, respectively[1]. The NCAA headquarters is located in Indianapolis, Indiana, where it celebrated 25 years in the city in 2024[1]. The NCAA oversees national championships in 24 sports with about 90 events annually and manages extensive rules and policies that member schools and conferences implement. Recent years have seen transformative changes, notably the *House v. NCAA* settlement effective July 2025, allowing schools to pay athletes directly and altering scholarship roster limits, marking a historic shift in college sports governance and athlete compensation[2]. This settlement reflects evolving business and legal landscapes impacting collegiate athletics, influencing financial models and athlete rights. The NCAA also continuously updates governance, compliance, and championship structures. For example, in 2025, new legislation separated men’s and women’s fencing championships and considered adding emerging sports like stunt cheerleading to promote diversity and participation[3][6]. Additionally, debates persist over governance reforms, especially concerning Division I FBS football’s unique revenue and regulatory status, with calls for independent oversight to address financial and equity challenges[7]. In summary, the NCAA is at the intersection of sports, business, and technology, adaptin