NCAA call's for a Constitutional Convention to be held.
“This is not about tweaking the model we have now,” NCAA President Mark Emmert said in a statement. “This is about wholesale transformation so we can set a sustainable course for college sports for decades to come. We need to stay focused on the thing that matters most — helping students be as successful as they can be as both students and athletes.”
NCAA to convene constitutional convention to propose dramatic changes to college athletics
Edit:
What he really meant: “This is about wholesale transformation so we can set a sustainable course for college sports for decades to come. We need to stay focused on the thing that matters most — Keeping mine and my buddies cushy high paying jobs.”
The NCAA and College Football need a divorce.
Why?
The NCAA needs to avoid getting sued into oblivion over their business practices.
College Football needs a central regulatory agency.
How?
The NCAA keeps control of most (read: unprofitable to the schools) college sports, at least for awhile until they can regulate themselves.
College Football splits. Big Money, ESPN/Fox propped up conferences form a "big boys" league where the money goes and championships are won. Small college football becomes just that...... small and meaningless. Most players will still get to play, maybe even get scholarships, and it'll look like the 50s, well sort of.
The NCAA can hang on to basketball for awhile but the NBA-style minor leagues will erode them into unprofitable eventually. Again, small colleges can do as they wish....... nobody cares.
When?
How quickly can the suits at the major money making colleges get their s$#t together and put together a football governing institution? It'll be a helluva lot faster if they either partner with the NFL or hire ex-NFL execs to sort it out.
Eventually schools will sell their interests, names, etc and any notion of "amateur" or "college" will be nostalgia.