* All major football-playing universities should lease the rights to operate a commercial football program on behalf of the university to an independent, outside company -- i.e., Southern Cal would become USC Football Inc. The leases would be open for bidding, and the company and university would share net profits from all revenue streams.
* Each football "corporation" could create leagues with other corporations; Yee argues that this already exists in one form with the BCS and its exclusion of some schools.
* All players would be paid a salary, "as much as the market would bear," Yee believes, and no longer receive scholarships. Players would pay income taxes, 401(k) plans could be established, corporations would pay Social Security taxes.
* The football corporations could offer a range of educational opportunities, eliminating the pretense that all of them attend classes but allowing those who are strong students to take classes they'd prefer or others to pursue vocational training.
* The NCAA could be eliminated as it relates to football.
It is an intriguing argument Yee makes. Yes, it would end any discussion and investigation into whether players are being played because they would be. But does it go too far?