NCAA Monopoly

Discussion in 'Men's College Basketball' started by notmuchgame, Feb 4, 2005.

  1. notmuchgame

    notmuchgame JBB JustBBall Member

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    This is an article in Business Week written two years ago about the most powerful monopolies in the U.S. As you may know, Monopolies are generally bad, except in the case of utilities etc...

    At any rate, this article rates the NCAA as the #1 monopoly in America, above the U.S. Post Office and Microsoft.

    I read it a while ago, but I just remembered about it now, and I'm curious to see your takes on this and whether or not you agree with them.


    <div class="quote_poster">Quote:</div><div class="quote_post">Finally, we come to the NCAA, which has successfully suppressed financial competition in college sports. The NCAA is impressive partly because its limitations on scholarships and other payments to athletes boost the profitability of college sports programs. But even more impressive is the NCAA's ability to maintain the moral high ground. For example, many college basketball players come from poor families and are not sufficiently talented to make it to the National Basketball Assn. Absent the NCAA, such a student would be able to amass significant cash during a college career. With the NCAA in charge, this student remains poor. Nevertheless, the athletic association has managed to convince most people that the evildoers are the schools that violate the rules by attempting to pay athletes rather than the cartel enforcers who keep the student-athletes from getting paid. So given this great balancing act, the NCAA is the clear choice for best monopoly in America. </div>

    http://www.businessweek.com/@@OKYXDocQgvvL...49/b3811038.htm
     

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