The NCAA: A Cartel in Sheepskin Clothing

In spite of enjoying substantial commercial success, the National Collegiate Athletic Association (“NCAA”) continues to limit the compensation of student-athletes through collusive monopsonistic restraints. The NCAA benefits from an antitrust exemption that can be traced to the Board of Regents (468 U.S. 85 (1984)) decision in 1984. In this paper, we examine the NCAA’s unique buyer cartel operation when antitrust attack is no longer a concern, including its organization structure and imple