ADVANTAGES

The fourth: Each player would have lifetime . And the fifth: An organization would be created to represent both current and former college athletes. It may well turn out to be that this body takes on the form of a players’ union, since a salary cap is illegal under antitrust law unless it is part of a collective-bargaining agreement. (That’s why most professional sports leagues embrace players’ unions.) This organization — let’s call it the College Players Association — would manage the health insurance, negotiate with the N.C.A.A. to set the salary caps and salary minimums, distribute royalties and serve as an all-around counterweight to the N.C.A.A.

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