Professor Timmy's Rants and Raves

A brief recap of the rules and decisions faced by the young men who leave high school and become college athletes is in order. Current Rules One and Done rule in basketball.   The NBA controls this, not the NCAA.   The NBA has a rule that a prospective player is required to be one year out of high school and at least 19 years of age to enter the NBA draft.    The National Hockey League and Major League Baseball allow a player to enter their league once they turn 18 years old.   However, MLB has a rule that once a player enrolls in a four year college they become ineligible to enter the MLB draft until their junior year or are at least 21 years old.   Junior college players, regardless of how many years of school remain eligible to enter the draft.    The National Football League (NFL) requires that a player be three years removed from high school before being eligible for the Rookie Draft.   This necessitates that a player show off their skills at the collegiate level.   This h

When a collegiate sporting event takes place different people ask different questions.  The mother of the star play might ask, "is my Baby going to get hurt?" The teacher of the star player might ask, I wonder, "did he get that homework done?" The coach might ask, "is he going to come through?" The local beer company that sponsors the telecast is asking, "did we get good media exposure from this game?" The University Chancellor might ask, "How many prospective students are we going to get out of this telecast?" The lowly Economist (yeah, that’s me) asks, "How much extra value did this star player earn for everyone involved?” The truth is that when   NCAA college contracts were originally created, video games did not exist, videotaping was evolving from film and the internet was an imaginary concept.     Technology has allowed players to provide entertainment to a world wide audience so that athletic feats get pl