This hearing transcript presents testimony on National Collegiate Athletic Association (NCAA) rules related to payments to student athletes. Testimony was heard from individuals and groups concerned with the influence of money on college athletics, unethical and illegal payments to college athletes, the exploitation of college athletes by colleges and universities, and the issue of whether institutions should pay stipends to college athletes. Testimony was heard from: (1) Representative Cardiss Collins; (2) the president of Florida State University (FSU); (3) a former student athlete at Auburn University (Alabama); (4) the co-founder of Student Athlete Incentive Gifts; (5) the president of the Organization for Understanding and Reform; (6) two Florida attorneys; (7) the president of the Sports Lawyers Association; (8) the NCAA; and (9) two FSU football coaches. (MDM)