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.

Very unfairly, there's a negative image of the kid, which really stems from the greed and selfishness of the NBA and NCAA. They're forcing these kids to go to school.

There's Brandon Jennings. The NBA told him to go to college for a year, and he said, "Screw that. I'll go to Europe and make a million bucks and then come back." And he's proven to be a pretty damn good player. He's done as much for the game as Michael [Jordan] by forging a different route.

I was starting out in the business, there was only one path to playing professionally - graduate, or go four years. With the creation of the ABA [American Basketball Association] in the early 1970s, the sanctity of having to go to college was broken. The ABA took anyone, starting with Spencer Haywood.

What would have happened if Derrick Rose had torn his knee in college, or Greg Oden? It would have cost them millions of dollars. They were lucky, coming out early. I'm not saying don't go to college. There are plenty of players like Shaq [O'Neal] who went back and graduated. I commend that. But do it at your leisure - don't hurt your finances.

One-and-done is the most damaging thing in college basketball. It brings money into the college game, because it kickstarts the bidding war. When you know a kid can't turn pro and is going to go to school for one year and then go pro, that's when you see everyone going to games and courting players.

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.