Random Ramblings

NCAA buys NIT for $56.5M

Being at a Division I university with a pretty-damn-good basketball team, I've always been interested in how the NCAA rationalizes it's way out of NOT paying the semi-pro athletes that compete under their banners. Numerous reports tell about the life of the average "student-athlete" ... let's just say it about 10% student and 90% athlete. And that's on the off-season.

But they aren't paid because, we are told, they get a free college education -- that's payment enough! Besides, where are all these poor schools going to get that extra money to pay the kids $100 per month for pizza-and-hanging-out money?!?!?

Then we hear about the NCAA signing a $6B deal for the TV rights to the next 11 years of basketball coverage. And now we hear that the NCAA paid $56.5M basically to get out ot a lawsuit -- I mean, if you already own the NCAA championship, why do you need ANOTHER tournament in March??

So, where are those poor schools going to get the extra money to pay the athletes??? Oh, I don't know ... maybe they should ask the NCAA for their share of those millions/billions?? Maybe that's a start.