College Football Moves From Communism to Capitalism Overnight, Chaos Ensues OutKick

Without most realizing it, college sports have moved from communism to capitalism. This is the dynamic undergirding virtually everything you re seeing happen in college sports right now. We ve seen a fundamental paradigm shift in college athletic governance, moving from communism to nearly unfettered capitalism. That has massive consequences for all the stakeholders in college sports the players, the coaches, the fans, and the schools.

Now let me explain what I mean when I say we ve moved from communism to capitalism: for its entire history, or at least since the NCAA s founding, college sports have operated under the principles of communism. A relative handful of people coaches, administrators, NCAA bureaucrats, and state university athletic departments became very wealthy, while the vast majority of the valuable labor producing the value the players worked for well below market rates. The NCAA was, essentially, the Berlin Wall, keeping everyone in college athletics, at least to a large degree, behind the Iron Curtain, hidden from the free markets of capitalism.

Then what happened?

via www.outkick.com