"Schools with heavy debt loads may be stuck in hollowed-out conferences with a tattered and ill-defined amateur model, while paying tens of millions of dollars every year to unknown bondholders
Again, the NCAA did this 100% to itself and it’s hilarious.
There was a point when kids wiuldve been satisfied with just something at all, whether it was NIL, maybe signing some autographs or being able to make a few bucks selling merch. But the NCAA said zero tolerance and made billions, and this is what happened. Fuck ‘em. Let the kids make their money now and see where it shakes out.
False. It doesn't matter here it goes, revenue is revenue. And the point is that proportionally virtually none of that revenue goes to those who generate it. Yet the people collecting money have a huge amount of influential power over the workers.The NCAA didn't "make billions."...The money into the system goes to the member institutions. They then dole out the money to various and sundry sources.