Division I men’s basketball teams will be able to play two exhibitions against any other four-year schools without needing a waiver that required game proceeds be donated to charity under a change approved at the NCAA convention.

In a move to help close the pay gap between men and women in college sports, the NCAA will now pay Division I women's basketball teams who play in March Madness games starting this year.

In a historic vote Wednesday at the NCAA convention in Nashville, the organization approved a plan to pay women's basketball teams for making the NCAA Tournament. Men's basketball teams have been reaping the benefits of the same revenue sharing plan for many years.