Kobe [Bryant] had the biggest contract for a high school kid. He was the first one to get more than a million a year.

Now the kids are portrayed as dirty when they talk to an agent, a shoe guy, some hanger-on. Well, it's only natural that people are circling them - there are millions of dollars involved.

What would be wrong with letting a kid go pro, and if it doesn't work out he can come back to college? What's the harm in that? The reason is the word "amateurism." The NCAA has to protect colleges' tax exemption.

It's not uncommon in the entertainment world for agents to sign young talent. It's sinful that these players can't be represented by lawyers and agents when they're in school. If a player wants to hire someone to seek his value - in any other walk of life, except where this farcical entity that is the NCAA is involved - having a lawyer or agent isn't illegal. It's just the NCAA imposing its own set of rules. It's selfish on their part.

LeBron james came, and he gets $10 million a year. There was no stigma or blemish, like you have with one-and-done. Now people say, "He's not a student, he's an athlete." Well, of course he's not a student! He's here for one year and he told you he's here for one year, and the school took him with open arms.

NBA has a selfish rationale. It saves the owners money by delaying the time a player gets to a second, more lucrative contract. Even the player's union is on board. There are only 450 jobs in the NBA, and the one-and-done protects veterans' jobs.

In terms of my work with Nike, obviously signing Michael Jordan to a $500,000 contract in 1984 set a new precedent for the business side of the game.