The NCAA board of directors approved a plan giving the 5 biggest conferences the ability to create some of their own rules.

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INDIANAPOLIS -- The NCAA board of directors has overwhelmingly approved a sweeping package plan that will give the five biggest conferences the ability to create their some of their own rules.

If the legislation approved Thursday withstands an override attempt, the five wealthiest Division I conferences could start exercising their new autonomy as early as Oct. 1.

The SEC, ACC, Big Ten, Big 12 and Pac-12 will have the ability to implement some rules on their own, though probably not policies on rules violations.

But a stipend for athletes that goes beyond currently allowed limits of tuition, room and board, books and fees, seems likely.

Commissioners and school leaders from the power conferences have until Oct. 1 to create a wish list of issues they want to handle on their own.

Comment from ACC Commissioner John Swofford following today's NCAA Board of Directors Meeting:

"The approval of the steering committee's report on restructuring by the NCAA Board of Directors is a positive and necessary step in the continued efforts to ensure that we have a more effective and nimble NCAA moving forward. These changes will allow us to continue to prioritize how to better address the needs of our institutions, athletic programs and, most importantly, our student-athletes. I applaud Nathan Hatch, Wake Forest President and Chair of the NCAA's Board of Directors and Steering Committee, for his effective efforts throughout this significant time of change. As we implement the new structure, we must continue to recognize how special the collegiate model is to the educational system within our country and culture."

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