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Mississippi's state flag is the only one in the U.S. to include the Confederate battle flag. Photo: Patrick T. Fallon/AFP via Getty Images

The NCAA will no longer hold championship events in Mississippi, due to the Confederate symbol's "prominent presence" in the state flag, the association announced Friday.

The big picture: The NCAA's decision expands its 2001 rule on the Confederate flag, which banned states from hosting events like the the NCAA Division I men’s basketball tournament, but granted exceptions to teams based on tournament seeding or ranking, the Washington Post reports.

Driving the news: NASCAR announced last week that it will ban the display of the Confederate flag at all of its events and properties.

  • SEC Commissioner Greg Sankey warned on Thursday that, "It is past time for change to be made to the flag of the State of Mississippi. Our students deserve an opportunity to learn and compete in environments that are inclusive and welcoming to all."

What they're saying: “There is no place in college athletics or the world for symbols or acts of discrimination and oppression,” Michael Drake, chair of the NCAA board and Ohio State University president, said in a statement.

  • “We must continually evaluate ways to protect and enhance the championship experience for college athletes. Expanding the Confederate flag policy to all championships is an important step by the NCAA to further provide a quality experience for all participants and fans," Drake added.

Go deeper: Confederate monuments become flashpoints in protests against racism

Go deeper

Aug 14, 2020 - Sports

NCAA postpones Division I fall championships

Photo: G Fiume/Maryland Terrapins/Getty Images

The NCAA announced Thursday that it has postponed Division I fall championships as individual conferences cancel their seasons due to concerns tied to the coronavirus.

Why it matters: Universities have tried to find ways to safely move forward with fall sports, a major source of revenue for schools. Fall championships for Division II and III were already put on hold.

Caitlin Owens, author of Vitals
1 hour ago - Health

Pfizer CEO feels "liberated" after taking COVID vaccine

Pfizer CEO Albert Bourla. Photo: "Axios on HBO"

Pfizer CEO Albert Bourla tells "Axios on HBO" that he recently received his first of two doses of the company's coronavirus vaccine.

Why it matters: Bourla told CNBC in December that company polling found that one of the most effective ways to increase confidence in the vaccine was to have the CEO take it.

Dan Primack, author of Pro Rata
1 hour ago - Economy & Business

Ripple CEO: SEC lawsuit is "bad for crypto" in the U.S.

Ripple CEO Brad Garlinghouse tells "Axios on HBO" that if his company loses a lawsuit brought by U.S. regulators, it would put the country at a competitive disadvantage when it comes to cryptocurrencies.

Between the lines: The SEC in December sued Ripple, and Garlinghouse personally, for allegedly selling over $1.3 billion in unregistered securities. Ripple's response is that its cryptocurrency, called XRP, didn't require registration because it's an asset rather than a security.