Sports
NCAA Football Nears Pay-for-Play Era, Bruin Capital’s Pyne Says
- Expects players to sign individual contracts with colleges
- It won’t be easy, but path to the future is clear, Pyne says
George Pyne
Photographer: Joe Buglewicz/BloombergBruin Capital founder George Pyne, a former Ivy League offensive lineman and college-football enthusiast, offered a bold prediction for the future: “You’re going to have to pay the players.”
“College football is the no. 2 sport in America — in attendance, in television ratings,” Pyne said Thursday on Bloomberg Television’s Wall Street Week with David Westin. “It generates $6 billion to $8 billion a year, and those players deserve to be paid. And I think you see the courts now recognizing that.”