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by RcouF1uZ4gsC
1826 days ago
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Kavanaugh hits the nail in the head in his concurring opinion. > In my view, that argument is circular and unpersuasive. The NCAA couches its arguments for not paying student athletes in innocuous labels. But the labels cannot disguise the reality: The NCAA’s business model would be flatly il- legal in almost any other industry in America. All of the restaurants in a region cannot come together to cut cooks’ wages on the theory that “customers prefer” to eat food from low-paid cooks. Law firms cannot conspire to cabin lawyers’ salaries in the name of providing legal services out of a “love of the law.” Hospitals cannot agree to cap nurses’ income in order to create a “purer” form of helping the sick. News organizations cannot join forces to curtail pay to reporters to preserve a “tradition” of public-minded journalism. Movie studios cannot collude to slash benefits to camera crews to kindle a “spirit of amateurism” in Hollywood.
Price-fixing labor is price-fixing labor. And price-fixing labor is ordinarily a textbook antitrust problem because it extinguishes the free market in which individuals can oth- erwise obtain fair compensation for their work. |
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You then have the value of the different degrees to the market (which is separate from the cost) so it is very possible that certain student athletes are obtaining a degree worth hundreds of thousands of future dollars in the market versus some who get 4 years of room and board to play sports, make the university money, and then maybe they do not even end up with a degree by the time their eligibility expires (see data on student athlete graduation rates).