Competitive Imbalance in College Basketball

My latest for Freakonomics (yes, I wrote two posts this week), focuses on competitive balance in college basketball.  One argument the NCAA offers when people ask why the labor that generates multi-billion dollar television contracts are not actually paid is that paying the student-athletes would disrupt competitive balance.  As I note at Freakonomics, there is a small problem with that argument. 

Okay, it is a big problem. 

Nevertheless… I am still enjoying the tournament (except for the part where Colorado State was eliminated in the first game).

- DJ