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[QUOTE="triplethrea, post: 1071787, member: 1574"]
I agree it is in the best interest of the players to go to college to showcase themselves. But that is solely because that is how the system is set up. I argue that because of that, they are "technically" forced to go to college, since the economic decision for most players is inarguable.

Door 1 pays 25k a year if you take the legal route or drug dealing/jail time/death if you take the illegal route (very easy route to take). 
Door 2 pay millions of dollars and fame.

There is no decision. And to argue otherwise is completely disingenuous.

There is no such thing as the "NBA does not know their value on the open market". That's not how markets work. They don't freeze and look at each other confused. The market always figures it out for itself. The one year rule is in the interest of the NBA, sure. But it is not always in the interest of the players. Without the one year rule, the NBA would still draft high school players, they are just taking more risk (which will obviously affect draft order). High-end talent is an inelastic market. Teams will pay whatever they have to in order to get the best.

I can't think of one economic reason why bidding wars over high school kids are stupid. Please explain your logic. Why is it dumber than a bidding war over Lebron? If there is demand, there will be bidding wars.

Regarding "other schools crushing Syracuse". What does Syracuse do now? They crush other teams. This is a big conference system, the rich already get richer. This will change nothing, except a few other schools will now be in the mix.
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