Final answer:
The majority of the NCAA's annual budget comes from television and rights fees for the Division I men's basketball championship, which constitutes approximately 81 to 87 percent of its budget.
Step-by-step explanation:
The student's question pertains to the source of the NCAA's annual budget. Specifically, what constitutes the largest percentage of the National Collegiate Athletic Association's (NCAA) annual budget. The correct answer is d. television and rights fees for the Division I men's basketball championship. This revenue stream accounts for approximately 81 percent to 87 percent of the NCAA's budget, a substantial amount compared to other potential sources such as championship ticket sales, membership fees, or television and rights fees from regular season games. These funds are crucial for the NCAA, as they support not just the basketball championship but also the broader organization and its various programs.
The correct answer is d. television and rights fees for the Division I men's basketball championship. Approximately 81 percent to 87 percent of the NCAA's annual budget comes from television and rights fees for the Division I men's basketball championship.