The chief of the NCAA is proposing a reform plan to the college athletics system that would allow more revenue sharing between schools and their athletes. NCAA President Charlie Baker wants to create a new college athletics subdivision rooted in direct athlete compensation, per Yahoo Sports.

Baker's plan includes allowing Division I schools in college sports to have more power in rule-making, if they so choose. The schools that choose to join this proposed subdivision would have to pay their athletes though a certain way. Schools would essentially need to set up trust funds that would supply money to athletes directly to help pay for education and other expenses. Colleges would also be able to cut name, image and likeness deals with their athletes directly, which is a shift away from the current model.

“It kick-starts a long-overdue conversation among the membership that focuses on the differences that exist between schools, conferences and divisions and how to create more permissive and flexible rules across the NCAA that put student-athletes first,” Baker said in a letter sent to colleges, per Yahoo Sports. “Colleges and universities need to be more flexible, and the NCAA needs to be more flexible, too.”

There's no maximum limit to the amount of money that can go to an athlete. There is a minimum, however. Schools would need to invest at least $30,000 per year in the trust fund for an athlete to meet the requirements of the new subdivision. The new subdivision would still be under the umbrella of the NCAA. Its members would still compete for Division I NCAA Championships.

“Lots more work to do but I know student-athlete leaders and college sports administrators everywhere are committed to deliver world-class education and world-class athletic experiences across all three divisions,” Baker posted on X.

Schools in the new subdivision would also have a say in terms of scholarship limits for programs, and other areas of athletic competition.