Ok VN, although I am opposed to paying college athletes in concept because they are already being paid in the form of a free education, I also realize that this idea is gaining acceptance and will be an eventual reality in college sports.
With that said, I would like to hear what solutions you have for how to get this done in a fiscally responsible way that addresses problem without turning the system into a farm system for the NBA/NFL. My solution is below:
Alot of athletes, like Nappier of UConn, complain that their jerseys are getting sold but they don't see any of the money, and they end up not being ables to eat, etc., the same with TV revenues. So, my solution would be this: Any retail company selling jerseys or paraphernalia with a reference to a specific player must turn a certain % over to the school (20-30%?). The school in turn must take that money and use it this way - 50% will go towards meal plan improvements and upgrades for all athletes of that school, and 50% will go in a trust fund for that specific athlete that he can recoup upon graduation or leaving the program. That way the athlete CAN profit from the sale of their own jersey, its just delayed until they graduate/leave. TV revenues can be treated the same way. If ESPN broadcasts a football game between UT and UF (example), then a certain % of the revenue from that broadcast must go to UT and UF, and that money will be split into meal plan upgrades for athletes, and trust funds for each player of the team that was broadcast that they can recoup upon graduation or quitting the team or leaving the program. If, however, they decide to cash in their trust fund at any time while still eligible, then they cannot play D1 football/basketball again and thus give up their eligibility.
Ok, tell me where I'm crazy.