Re: O'Bannon v. NCAA (aka Could Ohio State go D3)
College athletics used to be an educational entity that generated revenue on a non-profit basis. Now they've become a revenue generating entity that hides behind the educational non-profit status. That difference has made it more characteristic of a business, although it doesn't technically "profit." But when you consider how much ADs and coaches are making, it's hard to argue that it's not functioning as a business.
"No matter how good you are, you're going to lose one-third of your games. No matter how bad you are you're going to win one-third of your games. It's the other third that makes the difference." ~Tommy Lasorda