Penn State had the third highest take from college football in 2010, after only Texas and Georgia.  What were Penn State’s football revenues?  A mere $70.2 million.  Its profits were $50.4 million, implying that they spent nearly $20 million on the football program.  Of that, coach and abuse-condoner Joe Paterno’s salary alone was over $1 million.

Last year, the average profit for each of the 68 teams that play in a major conference was $15.8 million, or over $1 million per game.  Clearly, there’s big money in college football.  And whenever big money enters the game, values get shoved to the sidelines.

If I were President, Speaker of the House and Senate Majority Leader, I would enact a law limiting the amount of money that can be paid to a college for television rights.  This would get to the heart of the matter.  Fans who would object should take a time-out and get their own values in order.