The NCAA is…What, Exactly?

Felix Salmon, Emily Peck and Anna Szymanski break down the last two years of the college sports economy. Players can get paid for their name, image, and likeness. Is that a good thing? And how interest rate hikes have put private equity firms at risk.  In the plus segment: Why college sports coaches make so much, and how that might be changing. If you enjoy this show, please consider signing up for Slate Plus. Slate Plus members get an ad-free experience across the network and an additional segment of our show every week. You’ll also be supporting the work we do here on Slate Money. Sign up now at slate.com/moneyplus to help support our work. Podcast production by Patrick Fort. Learn more about your ad choices. Visit megaphone.fm/adchoices