Sunday, March 13, 2011

What exactly is the NCAA?

The NCAA is the National Collegiate Athletic Association, created to profit and exploit the individual rights of young adults at colleges and universities in United States of America. The problem of the NCAA would be easily solved with the creation of a minor league system that pays athletes according to the services they provide.  The cartel collects monies, imposes punishment, and violates the privacy of the members whose services they exploit.

The 14-year 11-billion dollar contract is evidence of the money that is involved in college athletics:
http://www.ncaa.org/wps/portal/ncaahome?WCM_GLOBAL_CONTEXT=/ncaa/NCAA/NCAA+News/NCAA+News+Online/2010/Association-wide/NCAA+signs+new+14year+TV+deal+for+DI+mens+basketball_NCAANews_04_22_10

ABC, CBS, ESPN, BIG10 NETWORK, COMCAST, TIME WARNER (I cold go on) provide services by broadcasting college athletics on television. They collect advertising revenue from NIKE, REEBOK, PEPSI, BUDWEISER, MILLER LITE, PG, GEICO, COCA COLA, and other sponsors to market their products to the public.

Some athletes are compensated fairly by receiving the free education, while others are clearly not. Do people believe we truly have free markets?

What is your favorite cartel?
OPEC
BCS
NCAA
NFL
GULF
SINALOA
TIJUANA
EUROPEAN UNION
FEDERAL RESERVE
IMF
WORLD BANK


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