Nick Wright: Fraud charges show that NCAA model is ‘not sustainable’

Nick Wright discusses the fraud charges against the NCAA and how it could change the way the NCAA operates.

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- I think this was a great day for college sports. Because at some point, this has got to get torn down. The way we do things here has to be torn down. And it's not going to be torn down through Yahoo Sports investigations. It's not going to be torn down through ham-handed NCAA probation-- we're vacating this title. It's going to be torn down when people realize there are tens to hundreds of millions of dollars floating out there that people are grabbing, except for the young kids-- by the way, mostly poor, overwhelmingly black-- who get paid in an education a lot of them can't take advantage of-- room and board.

And not only can the schools not pay them, Adidas can't pay them. Nike can't pay them. So the more this gets pulled away, and we realize, this is ridiculous. The highest paid employee in 48 states is either the football or basketball coach at the big state school-- the highest paid state employee. It is ridiculous that we've got this much money going around, and the people that are producing the value aren't getting a piece of it.

So yeah, it's going to be messy for a while. But the situation-- the status quo-- is untenable, CC. And I think this leads to breaking it down.

- OK, what does that mean?

- It can't sustain-- your favorite word. It's not sustainable, is maybe a better way to put it.

- Right.

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