quote:
Fans need to get over the farce that major college football is an "amateur sport". When the conferences, NCAA, and schools are, collectively bringing in BILLIONS of dollars in revenue it is an entertainment business...not all that unlike the NFL.

Correct.

Amateurism in Power 5 football is a myth and has been for decades. Schools and entities that profit from college football have received billions of dollars in windfalls due to the legacy of amateurism. Schools have merely had to provide tuition, room, board, perks, etc. typically at or around marginal cost.

How much would players receive in compensation above and beyond tuition, room, board, perks, etc. if there were no regulations preventing them from receiving that compensation?

College football generates more than $4 billion in annual revenue for the 65 universities making up the Power 5. Most of the major professional sports share revenue between teams and players. Typically it's right around 50%-50%.

How many Power 5 schools are paying their players an aggregate of $30 million? ($2 billion / 65)

As a firm believer in free markets, I believe the players should receive what the market would bear if there were no regulations preventing them from receiving that compensation.

Why should government and quasi-government regulations prohibit players from earning market compensation?