This thread (about Pack signing to Miami for $800/year) from Matt Tait got me thinking about the the feckless NCAA and what it means for the future of College Basketball (and maybe other sports).
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What I really noted is the discussion about the lack of a cap on the NIL and the "annual free agency" that is now a part of college basketball.
Professional sports has policy instruments in place to meter the salaries and rosters of teams. This is not a novel concept and not hard to anticipate.
Why didn't the NCAA think of this?
The sports entertainment marketplace is constantly evolving. The NCAA is not.
The NCAA has repeatedly demonstrated its inability to build policies that will drive desired behavior in their constituents. What is happening now is great example of their inability to anticipate behavior that would follow from a policy change (made involuntarily, which is more evidence that they don't have vision or innovate.)
Without these modulators, I think we can safely speculate that college basketball will go in some pretty unpredictable directions that are not to the benefit of the sport, the schools or even the athletes.
This moment could be the fissure that transforms college sports.
Proper policies and governance are necessary for major college sports (football, m/w basketball, baseball?) to operate as the entertainment business that it already has become, and continue as a feeder to the professional operations.
Many people feel that conference realignment has been moving toward some inevitable sea change. If the NCAA won't do it, maybe this is the trigger that leads to a coalition of conferences to break off from the NCAA.
There are many things that have been building toward the 5 super conferences, but at the heart of it is the NCAA's inability to develop functional policies, even when there are policies in operation that they could use as a model. They are always in reaction mode. I can't remember the last time they did something innovative.