Playa, do your realize how many players there are that will never ever earn a penny playing basketball but are getting educations, room and board?
Duke costs about $50,000 a year plus other expenses. I got a friend whose kid for ACADEMICs got a $250,000 package from Duke. includes 10k a year in expenses for travel and incidentals.
Save for maybe, MAYBE 10 players a year are fans tuning in to watch players but they are watching teams. North Carolina had a program well before Mike Jordan stepped on the court for them. These arenas are already built using donor money on land universitys own.
If players had to revenue share AFTER expenses there would not be much left.
Dleague teams can beat just about any Div one school I think. They draw 1,000-2,0000 fans a game with no TV! No Money.
Money is on the plantation long before the players get there. And whey they are a commodity, they turn pro. If not, they can stay.
Is there no value to an education for the 97% of the players who won't earn a nickel playing basketball? No value to a Vanderbilt, Duke, Butler, UNC, Kentucky, Umass, Hofstra, LIU, CW Post, Elon College, Guildford College, Davidson, Valpo, UCLA, USC, UVA, UNLV........Etc etc????????
You have not come up with any viable alternative nor funding mechanism that makes sense.
You make it sound like its evil to make money. All pro league owners are entitled to make money, and big money because they are the ones providing the infrastructre and risk capital to make it work. TV puts up big money to risk on these deals. Money gets lost all the time. I don't see any players giving back money when they suck, when they are hurt, when they lose interest. I don't see players setting up networks or building arenas!