Amateurism worked
Posted on: June 1, 2021 at 09:20:06 CT
meatiger MU
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until billions of dollars were generated.
It still works great in lesser sports because they are getting very good relative value.
Look at pro sports.
1. Generally the talent gets about 50% of revenue
2. Ownership in pro sports has to put money at risk for their part
In college bball and fball, the talent might get 10% of revenue generated and it is all indirect.
Those that run college sports have zero skin in the game. They get money from others to play with and make millions as a result.
Add to that a bit of the race card (look at color of the talent vs those running things), and you have a pot that is boiling over wanting access to those billions.