Many books have been written on the evils of commercialism in college sport, and the hypocrisy of payments to athletes from alumni and other sources outside the university. Almost no attention, however, has been given to the way that the National Collegiate Athletic Association has embraced professionalism through its athletic scholarship policy. Because of this gap in the historical record, the NCAA is often cast as an embattled defender of amateurism, rather than as the architect of a nationwide money-laundering scheme.

Sack and Staurowsky show that the NCAA formally...

With a Foreword by Ara ParseghianThe debate over big-time college sports, never far from the front pages, has once again moved from simmering to hot. Congress has been investigating the tax-exempt status of the NCAA in part because of questions about how commercialized college sports contribute to educational values. Athletes are challenging the NCAA on antitrust grounds to get a bigger share of the revenue. Against this backdrop, more faculty are beginning to be concerned about what is happening at their own universities and to the educational system as a whole as rampant commercialism...