It also authorizes $150 million per year in discretionary funds for the program.
"Some people thought this was going to be a principal's discretionary fund," he said.
Most of these researchers have been using only the discretionary funds each professor gets, equivalent to about $40,000 per year.
More importantly, he'd used his discretionary funds to pay them off.
The agency will meet the deficit with money from a discretionary fund.
The money, the professor said, came from a discretionary fund that made $30,000 available to him annually.
They also wanted to have a $100 million discretionary fund so the commissioner could give additional money to certain clubs.
They also proposed a $40 million discretionary fund, though not necessarily under the control of the commissioner.
The owners have proposed that $85 million be put in a commissioner's discretionary fund.
And we shall not be risking all of the discretionary funds.