While boards have to delegate the daily administration of athletics programs to their presidents, they must be aware of the issues and involve themselves in policy considerations that properly belong to them and can ultimately have a major impact on the institution's financial welfare and reputation. The Knight Commission on Intercollegiate Athletics asked the Association of Governing Boards of Universities and Colleges (AGB) last year to explore board practices in the area of athletics oversight and to offer recommendations for improvement where necessary. The AGB Intercollegiate Athletics Project puts forth three primary recommendations for governing boards: (1) The governing board is ultimately accountable for athletics policy and oversight and should fulfill this fiduciary responsibility; (2) The board should act decisively to uphold the integrity of the athletics program and its alignment with the academic mission of the institution; and (3) The board must increase its span of knowledge by educating itself about its policy role and oversight of intercollegiate athletics. (Contains 2 resources.)