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Guest Editorial: Even basketball is about the power of markets

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Posted on April 9, 2012 |
By Emerson K. Lynn



John Calipari sits at the center of the sports world today. He’s the coach of the University of Kentucky basketball team that won the NCAA title last night against the Kansas Jayhawks.

His team was not only the better team, but it was a team made up of sophomores and freshmen, and Mr. Calipari expects that most of them will not play for the university another season. They will be top draft picks for the NBA.

It’s about the money. Tons of it.

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