I thought a lot of this stuff would have happened sooner, not later. I love college sports, but it doesn't make any sense.
College sports has always been a terrible business model. No business should be reliant on donations to survive. And the "free" athletic labor pool had to dry up.
When coaching salaries started getting ridiculous in the late '80s and into the '90s, I thought the whole thing was becoming unsustainable. At some point fans would surely stop backing this.
What I didn't see coming was the TV revenue. I never dreamed that every single game would be televised, and that such a system would be financially viable for the network. It's insanity.
I question whether institutions of higher education should even be in this business? Yes, it is great for alumni relations and student recruiting. But I remember a time when football coaches having higher salaries than the University President was considered an outrage! Now, I'm not sure why the President has any say in the Athletic Department at all.