Chip: University of Minnesota regent Michael Hsu takes the NCAA to task

BleedGopher

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per Chip:

Michael Hsu is a University of Minnesota regent. He is also a basketball fan. He had the same reaction as many others when Duke phenom Zion Williamson suffered a knee injury after his Nike shoe disintegrated in a recent game.

Oh, shoot.

First shock, then thoughts about money and whether Williamson should have been allowed to enter the NBA without a year of college or, at least allowed to receive financial compensation during his brief stop at Duke.

Hsu is not a fan of the NCAA’s amateurism model. He believes it is based on principles that are outdated, unfair and don’t jibe with economic realities of modern college athletics.

“Amateurism is an invention by the NCAA in the 1950s so they didn’t have to pay workers’ comp and didn’t have to pay for the labor,” he said.

The NCAA generated more than $1 billion in revenue last year. The Big Ten distributed $51 million to each of its schools thanks to TV revenue. Coaching salaries have skyrocketed. Hsu sees everybody getting rich in the arms race, except athletes.

http://www.startribune.com/universi...michael-hsu-takes-the-ncaa-to-task/506613602/

Go Gophers!!
 





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