The Blue Devil’s in the Details: How a Free Market Approach to Compensating College Athletes Would Work

49 Pages Posted: 3 Apr 2018

See all articles by David Grenardo

David Grenardo

St. Mary's University School of Law

Date Written: March 28, 2018

Abstract

Everyone involved in the business of major college athletics, except the athletes, receives compensation based on a free market system. The NCAA’s cap on athlete compensation violates antitrust law, and athletes should be allowed to earn their free market value as everyone else does in this country. This Article provides a detailed approach to compensating college athletes under a free market model, which includes a salary cap, the terms of a proposed standard player’s contract, a discussion of who can represent players, and payment simulations for football and basketball teams. A free market approach would not only be feasible, but it would likely improve the product on the field and the court, as well as the lives of those college athletes who provide the labor for major college athletics, which is currently an $11 billion-a-year industry.

Keywords: College Sports, Sports Law, Antitrust Law, Labor Law, College Athlete Compensation, Free Market, NCAA, O’Bannon, Jenkins, College Salary Cap, College Players’ Contract, College Agents, Education Law

Suggested Citation

Grenardo, David, The Blue Devil’s in the Details: How a Free Market Approach to Compensating College Athletes Would Work (March 28, 2018). Pepperdine Law Review, Forthcoming. Available at SSRN: https://ssrn.com/abstract=3152078

David Grenardo (Contact Author)

St. Mary's University School of Law ( email )

1 Camino Santa Maria
San Antonio, TX 78228
United States

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