The article explores one of the key issues currently confronting collegiate athletic administrators, that is, how to equitably distribute opportunities to participate in intercollegiate athletics between male and female students. After reviewing relevant legal principles, the article examines selected gender equity initiatives proposed or adopted by colleges and universities and by various governing athletic organizations. In conclusion, the article presents a “Three-for-One” proposal designed to provide athletic administrators with a practical and achievable plan for satisfying the athletic interests and abilities of both sexes on campus.