No March Madness tournament would be complete without at least one school being caught paying its players in violation of NCAA rules. This year, the Memphis Tigers allegedly did the honors. In a piece syndicated by Inside Sources, I argue that the NCAA should allow colleges to pay their players for three main reasons:
The first is fairness. College players are unpaid laborers who generate millions of dollars for others.
The second is that big-time college sports are, in fact, a business. There is nothing amateur about the NCAA’s $1.15 billion in revenue, its marketing deals, college coaches’ and athletic directors’ salaries, or the amount of time many athletes put in to compete at a high level.
The third reason is practical: Black markets exist. Some star college players will always be paid, no matter what the NCAA says. It should be above the table so schools and the NCAA can keep a better eye on it.
Read the whole thing here.