Overview

• Rick Pitino, St. John's head coach, suggests a $1.5-2 million salary cap for the Power 5 and Big East conferences in college basketball.
• The proposal comes in response to the turbulent state of college sports, with issues like player endorsements and frequent transfers causing instability.
• Pitino's suggestion follows a historic ruling by the National Labor Relations Board allowing NCAA athletes to potentially unionize.
• The salary cap could pave the way for collective bargaining, offering a structured approach to athlete compensation.
• Pitino emphasizes the need for a new structure in college basketball to preserve the sport and ensure its future stability.