In Indianapolis, the U.S. Olympic men's basketball coach, Bobby Knight, recommended that the United States no longer compete in the Pan American Games because, he said, gains from such competition are "almost negligible."

Knight made his remarks at a news conference Wednesday while Indianapolis Mayor William Hudnut was preparing to fly to Mexico City to bid against Cuba in an attempt to gain the 1987 Pan American Games for Indianapolis.

During the 1979 Games in Puerto Rico, Knight, coach of the U.S. team, was accused of punching a policeman during a practice. He later was convicted in absentia of assault and sentenced to six months in jail and a $500 fine . . .

The Southeastern Conference has postponed indefinitely a meeting of its executive committee called to consider ruling the University of Florida ineligible to win this season's SEC football championship and to play in the Sugar Bowl.

An attorney for the university challenged the right of the committee to hold the meeting, and the Atlanta Constitution quoted sources as saying there may be a possible conflict of interest involving representatives from Georgia and Auburn on the executive committee . . .

Howard Schnellenberger, former coach of defending national champion Miami (Fla.), said he would be willing to discuss a return home to coach the University of Louisville football team.

Louisville Coach Bob Weber resigned Monday, but will continue coaching the Cardinals (2-6) during their final three games of the season.