A lot of teams would cut football and many other sports entirely. Maybe half of the 125 teams could afford to pay players what people are suggesting. Obviously you'd have to have equal pay regardless of where you went to school, so the smaller schools that don't have huge money couldn't foot the bill. The BCS conferences would probably be the only teams left in FBS, and not even all those teams could afford it.
Basically what you said, the big conferences split away. No decent player would go to a non paying school, so those wouldn't have a chance at being competitive. I'm not saying that's necessarily a horrible thing, just something to consider. Some people wouldn't have the stomach to effectively ax dozens of programs.
All good points but to say it is inevitable that half the programs would have to close up shop is to ignore the fact that all major sports in N. America have gone to a revenue-sharing model. Each of these sports did so to address unequal revenues throughout their leagues that threatened competitive balance, knowing that this balance was instrumental in the popularity of their sport. I see CFB making a similar conclusion
Posted via VolNation Mobile