College sports fans might be too close to notice it but the world of college athletics seems to be coming apart at the seams.
A Quick Caveat
I want to be clear about what I’m talking about and what I’m NOT talking about.
In college athletics men’s football and basketball are revenue sports, they are supposed to make money, whereas the rest of the athletics departments non-revenue sports aren’t really what I’m talking about. Baseball, softball, soccer, volleyball, golf, etc… those sports are non-revenue. They are financed as a by-product of the football team primarily.
This post is about revenue sports only.
Goodbye Illusions of Amateurism
The NIL and transfer portal era has meant athletes are now low-level professional free agents.
It’s no longer about recruiting 18 year olds to come play in an exchange for a free or reduced cost of education. It’s now about attracting the most talented athletes with perks and money to get them to play for your school– one season or half season at a time. Schools are barely pretending these kids ever attend a class. Do some of them? Sure. Do the top ones? Not really— maybe some online classes, just enough to make it look like they are students.
The NCAA has given up control of the so-called Power 4 schools, they are now allowed to self-regulate.
Without having to sit out a season or lose eligibility everyone is now a free agent all of the time. It’s not like a rigorous academic schedule is holding anyone back… they just bounce around from paycheck to paycheck, trying to bolster their hopes of hitting it big.
So what’s happening is it’s become a game between rich alumni fan bases– whoever fuels the most money fields the best team and wins.
You just have to look at college football to see that in action in real time. Perennial doorstop, Indiana University, with a ravenous basketball alumni base where they literally reseat Assembly Hall each season based on who donated the most THIS CURRENT YEAR (as opposed to most, who seat based on lifetime giving) suddenly has the best team of transfers in college football. How did that happen? Money. Lots and lots of money.
This is fueled by three factors.
- Ridiculous media rights deals by NewsCorp (Fox Sports) and Disney (Disney/ESPN/ABC). Earlier this year the SEC announced that they’d distributed $800 million to its 16 member schools.
- Sports betting. All of a sudden it’s cool to gamble on sports. How much money is changing hands? Just look around a stadium and you’ll see betting apps advertising– in some states you can place a bet on every play in the game, individual player performance, etc. The money is flowing in gambling right now and it’s having unintended consequences.
- Bragging rights between rich fan bases. You might not care who wins this years college football playoff but there’s a lot of money invested in getting teams into the playoff and winning it. Like bajillions of dollars invested in programs as well as gambling.
- Just in the past few weeks let’s look at the impact unchecked money/power is having on college campuses. Remember, these are COLLEGES, not semi-pro teams. Colleges where you’re supposed to be getting an education to be a teacher or engineer or nurse. So many coaches were fired as soon as their team wasn’t going to make the ESPN “playoff.” But don’t worry about those coaches, top coaches like Brian Kelly are getting $50 million paydays to get fired at LSU, where the average professor makes $125,000. That jackass got paid 400 times that to not work or teach a dang thing. Yeah, college football is out of control. Wasn’t this supposed to be about academics? Imagine being a professor fighting for some research dollars only to see that some clown is getting $50 million to not show up.
- Some schools like the University of Michigan burn through coaches for ethical reasons, the last one (allegedly) for getting his 20-something year old employee & mistress pregnant, paying for her to have an abortion, then when confronted about it and fired (allegedly) breaking into her home and threatening suicide before getting arrested. The previous one? He’s in the NFL now because he got banned from college sports for a while. For a school that prides itself about the “Michigan Man” this should be a new low. But money talks so they don’t care.
- Multiple NBA prospects and current players are headed “back to college” to play THIS SEASON as teams make their bid for the NCAA tournament. Now 18 year olds are supposed to compete against players who have been drafted by the NBA and chose to come back to “amateur” sports? Let’s just admit that college athletics is minor leagues sports, ok?
- Disney/ESPN/ABC decided not to invite Notre Dame (owned by NBC/Peacock) to its pretend national championship tournament. Remember, it’s not a sanctioned championship… it’s literally just for TV. Consequently, the semi-pro-athletes at Notre Dame decided they didn’t want to play in a bowl game– because nearly all of the bowl games are owned by, guess who, Disney/ESPN/ABC.
- As the football season winds down the transfer portal season winds up. All of these free agents want more and more money to go play for your favorite college team– not for any academic reason at all– but to get paid to play while they showcase themselves for the NFL– well, at least a couple of seasons in the NFL before they bounce back to college as a 28 year old.
- Let’s not forget that the NCAA allowed some crazy rules when it comes to eligibility during the COVID years. There are players who are getting 6th and 7th years of eligibility. These guys will never make it at the top pro level but they bounce around from place to place in the minor leagues.
This is what college athletics has become, the minor leagues for football and basketball.
It’s always kind of been that way. Let’s not pretend like players weren’t paid for decades through an unofficial system of cash envelopes, shadow summer jobs, and the parents getting sweet deals on cars and houses.
So what’s the problem? Everyone is enjoying themselves and there’s a lot of money changing hands? What’s wrong with that?
The problem is that minor league sports are boring.
And while it’s exciting for the teams whose alumni are footing the bill to be at the top, the other 100 or so Division 1 schools just can’t keep up or compete.
Do you really want to pay hundreds of dollars to watch young college basketball team get drilled by players getting paid a million bucks to wear an Arizona uniform for 4 months?
It’s boring. And eventually that level of boredom leads to less people forking over to feed the ever-increasing-hungry monster.
All of that means that mid-level schools are starting to ask big, important questions like “Why do we even have these teams anymore if the players aren’t going to class or graduating, the coaches are treated like gods, and the alumni are constantly hit up for cash for athletics to the detriment of academics?” “Isn’t this more embarrassing than fun?”
More and more schools are teetering on the edge of moving out of the top division of college athletics.
Maybe it’s not hitting the tipping point in 2026 but the tipping point is coming when lots of these lesser-funded schools will just decide to stop being the whipping boy of Disney and NewsCorp semi-pro teams.
The justification all along has been about school or community pride and marketing your school to a broad audience.
But the question these schools must face, sooner rather than later, is if it’s worth it?
Do they want their college name to be a brand owned by a shoe company and media rights deal? Do they want to be minor leagues? Do they want to exist to get their asses handed to them by NBA dropouts?
Or do they want to focus on the real reason they exist– academics?
Sooner or later state legislatures are going to make that decision for them.
If you’re a fan of a big, powerful, Disney or NewsCorp fueled team, you probably aren’t seeing it.
But ask a fan of a G5 or below school and you’ll hear all about it.
Most of those schools get $1 million to $5 million in media rights money per year. How can they compete with $40 million – $50 million?
They can’t.
So they won’t for much longer.











