Back in 1906 the NCAA was formed (in their own words) to "protect young people from the dangerous and exploitive athletics practices of the time." This was 105 years ago -- long before the NCAA became a bank in Indianapolis.
Here's the story you won't be hearing today or tomorrow -- and it's about the "exploitation" of the "student" half of the misplaced term -- student-athlete. If you were to properly identify the guys wearing basketball uniforms -- on TV sets these next two days -- they would be placed in two categories:
Student-Athletes or Rented-Athletes.
Behind closed doors BANK NCAA calls the latter; "short-term assets."
Of the teams left in the Elite Eight -- here's how the teams should be identified -- based on BANK NCAA's GSR score -- (it's not a credit score) -- it's the Graduation Success Rate of its bank account holders.
Student-Athletes:
- North Carolina -- a GSR of 88
- Butler -- a GSR of 83
- Kansas -- a GSR of 80
Rented-Athletes or Short Term Assets:
- VCU -- a GSR of 56
- Kentucky -- a GSR of 44
- Florida -- a GSR of 44
- UCONN -- a GSR of 31
- Arizona -- a GSR of 20
It makes you wonder why BANK NCAA even seeks a GSR score for its bank account holders? Have you ever heard a story about BANK NCAA "turning down" VCU, Kentucky, Florida, UCONN or Arizona as a customer -- for their low GSR score? I haven't. From what I can see, BANK NCAA just keeps taking deposits -- from all of their account holders.
This is the story you won't hear today or tomorrow -- BANK ON IT!
