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| Kareem Abdul-Jabbar: Socialist, or rather, Capitalist in disguise? Confused socialist? |
Jacobin, the hot new mag for boutique socialism, has given Kareem Abdul-Jabbar a spot calling for a variety of things related to the NCAA money pie.
Some, due to the Ed O'Bannon et al lawsuit against the NCAA, from his college days, will likely be settled in court, to athletes' favor, in a few years. An appeals court has already indicated the athletes should get something; now the question is if either the athletes, or the league [sic, more below] don't like this. (Other lawsuits, over antitrust issues, have less chance of any level of success, in my opinion.)
Some (more in a minute) are noble, but likely won't be addressed by paying Bama Tide or Oklahoma Sooner tailbacks money.
Others? Will likely benefit participants in two NCAA men's sports, possibly in one NCAA women's sport, and hurt most other sports.
In short, Jacobin has given Abdul-Jabbar a venue to talk about a possible witches' brew of capitalism, socialism and general activism — and the three may be at loggerheads with each other.
Time to dive in.
Abdul-Jabbar speaks primarily from his experience as a men's basketball player at UCLA. Beyond that, when one things of dollar signs and college athletes, football most likely comes up.
And, in fact, a study done by the NCAA itself claims that only 20 Division 1 schools make money on football. I find that kind of hard to believe, and to the degree it's real, Abdul-Jabbar has the solution — stop paying coaches and ADs so much.
That said, this is a HIGHLY contentious topic. The Washington Post, in a long piece, notes that top schools are taking in more money than ever — and paying out more than ever. Solution? The one Abdul-Jabbar mentioned — share the pie more, and more equitably.
This, from that piece:
“College sports is big business, and it’s a very poorly run big business,” said David Ridpath, a business professor at Ohio University and board member for the Drake Group, a nonprofit advocating for an overhaul of commercialized college sports.
“It’s frustrating to see universities, especially public ones, pleading poverty . . . and it is morally wrong for schools bringing in millions extra on athletics to continue to charge students and academics to support programs that, with a little bit of fiscal sense, could turn profits or at least break even.”

