The economics of college sports

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English: National Collegiate Athletic Associat...

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It is fairly obvious to most semi-intelligent people that the current state of affairs in college football and basketball is not sustainable. There are a couple options. One is paying players. The other is creating other feeder systems for football and basketball and removing colleges from the business of big-time athletics. Since I doubt that colleges are ready to give up the cash involved (and administrators’ big salaries along with it), a system for paying players is a must.

This article in the New York Times by Joe Nocera is the best proposal I have heard to date. Enjoy.

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