"The NCAA national office and our members are deeply committed to providing an inclusive environment for all our events. We are especially concerned about how this legislation could affect our student-athletes and employees. We will work diligently to assure student-athletes competing in, and visitors attending, next week's Men's Final Four in Indianapolis are not impacted negatively by this bill. Moving forward, we intend to closely examine the implications of this bill and how it might affect future events as well as our workforce."
I'm not quite sure how the NCAA will ensure an inclusive environment for all, now that businesses can legally discriminate against LGBT people. It's not like the NCAA can now force businesses in the area to allow service to everyone visiting for the Final Four.
As far as long-term prospects, the NCAA should move all major events out of the state, even if its national headquarters remains.