[jalgos_eminator]

The NCAA caved so fast on this. Now they're going to try to get ahead of it and get their cut of the endorsement money that the athletes will be earning soon. This would be a good time for athletes to come together and demand that the NCAA stays out of their lives outside of sports.

[maximente]

yep. to be honest it's kinda inspiring that this all started with a single body of a single state legislature. hopefully it shuts up cynics who say the status quo cannot be overcome.

[labster]

A single state legislature of a state large enough to form its own NCAA competitor. A competitor that would have quickly got all the best athletes by paying higher than slave wages. It’s only because of its monopoly position that the NCAA the iniquity persisted so long; any threat to that academic cash cow is a reason to cave.

[jalgos_eminator]

Well, to be fair after California passed this a few other states indicated they were looking into similar legislation. I think that is what prompted the NCAA to declare this as quickly as they did. I do think even if was just California they would have caved, but would have dragged their feet for much longer.

[maximente]

market fundamentalists would argue the size of the state doesn't matter; the leak in the dam would spur all sorts of competition and effective resource allocation that would eventually (perhaps more slowly) topple the system.

so it made it happen more quickly perhaps, but seems unlikely the outcome would be different if you're a believer in so called "markets".

[SamReidHughes]

It would have to at least have enough universities that it can plausibly form a league. Wyoming wouldn't cut it. The relatively-populated states of Pennsylvania and New York currently only have three serious football programs each. California has seven (being charitable), and with centralized UC leadership could quickly create more. Texas or Florida are the only other plausible options.

[maximente]

obviously counterfactual argument here but:

NBA has one and done rule currently which means talented high schoolers are waiting 1 year, typically playing in college or abroad, before entering the draft.

why not make some money alongside your 1 glide year by playing in the wyoming league? you get to stay in the US, boosting your future earnings, have some fun in college, but also earning some cash off of jersey sales and maybe lock in some sponsorship deals with apparel/shoe companies earlier than your competitors.

once one successful person does it, it's easy to see how it morphs into a market for eager one and done players.

[SamReidHughes]

An argument against that is you'll make less endorsement money the year after, because nobody's going to watch Cheyenne U. stomping all over Windswept Agricultural Institute.

[sonotathrowaway]

The NCAA is the textbook definition of an illegal cartel and is used by economists to illustrate abusive behavior. As it stands today it is the most flagrant violator of US antitrust laws - they don’t really want a public fight with an institution that has the power to investigate and regulate their behavior.