College Sports on the Brink: This Week’s Crucial Meetings Could Change Everything Forever
At the heart of the matter is the intensifying pressure for schools, locked in a competitive recruiting environment, to share more and more revenue with high-level football and men’s basketball players from the coffers of football programs — which, for decades, used their profits to subsidize all other sports, pay coaches millions and construct gaudy facilities.
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It has thrust many athletic departments well into the red.
Devoid of federal legislation and a collective bargaining agreement, college athletics now twists in the proverbial winds of escalating football and basketball player pay — with no end in sight.
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