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Podcast: CrimsonCast
Episode: Ep 1100 - Athlete Employment, Fair Market Value, and Salary Caps - Part 2
Description: On this edition of CrimsonCast, the focus turns once again to the changing world of college athletics. While Episode 1098 focused on the basics of the House vs NCAA settlement and some of the big overarching questions, this episode delves more deeply into the "athletes as employees" question, the tricky nature of judging fair market value in business deals, the unusual and damaging incentive structure present in college sports that makes them different from their professional counterparts, and the challenge of having a de facto salary cap when the NCAA cannot legally restrict compensation. All of that and more!