I’ve asked this question a couple of times in the comments and been ignored, so I thought, what the hell, I’d make it the subject of a post. (I ask in good faith, not rhetorically or snarkily.)
Here goes: those of you who think that football and basketball players are fairly compensated under the current NCAA amateurism protocol, what exactly worries you about the free market? After all, if they’re already getting what they’re worth, won’t an open market simply validate that?
Occam’s razor would suggest otherwise — why screw with a cartel if you don’t need to? — but I’m legitimately curious to hear your logic. The floor is yours in the comments section.
*************************************************************************
UPDATE: Those of you who have trouble figuring out how compensation would be valued in an open market ought to read this.