Over the next two-days, the nation's attention will be on the ELITE EIGHT -- the last teams standing in the 2011 NCAA Men's Division I Basketball Championship. We will hear story after story about how great these teams are on the wood floor. But, I can bet -- CBS and
BANK NCAA won't be alerting all of you to this story...
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!
