Just reflecting on this a bit more, I think it would make sense for colleges and universities to completely abandoned athletics. I think the concept of collegiate sports has run its course and it is time to transition to a model of pay for play in all realms. Some of the fringe sports like tennis, swimming, etc. could become club sports and seek funding from outside concerns. The major sports, football, basketball, and baseball could transition into more or less the existing minor league systems for the Professional versions of these sports.
I know many would say the academic institutions would never abandon the riches that athletics brings to the table but there is a lot of expense associated with it as well and after all their mission is education and not athletics. This would resolve the conflict of the coaches making millions and the players being robbed. The youngsters could organize their unions and go on strike when their feelings get hurt. They would be free to compete in the marketplace and leverage their skills and talents to maximize their incomes. This would probably prepare them more fully for life than going to the University of Georgia.
This would free up my remaining Saturdays and probably lead to a happier life for me personally.
Go Jackets!