Why The New NCAA Rules Are Hurting March Madness

The NCAA began allowing college athletes to transfer without having to red shirt, or "sit out" for a year without playing in October 2018. Since then, student athletes have taken full advantage of the transfer portal, and even sometimes transferring multiple times during their Division 1 college career. The new rule combined with allowing players to earn money in college, something called Name, Image, and Likeness (NIL) has some who believe its a good thing and some who think college sports shouldn't be professionalized. CNBC's Sport and Media reporter, Alex Sherman breaks down the transfer portal's impact on March Madness.

Chapters:
0:00 Introduction
0:25 Chapter 1 - What is the transfer portal
1:26 Chapter 2 - Impact
2:43 Chapter 3 - The pros
3:15 Chapter 4 - Biggest losers
4:04 Chapter 5 - The future of college athletics

Reporting by: Alex Sherman
Edited by: Evan Lee Miller
Senior Managing Producer: Tala Hadavi
Additional Footage: Getty Images, AP Newsroom

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Why The New NCAA Rules Are Hurting March Madness