Beginning in 1978, Nike paid coaches to put their shoes on the team.

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.

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.

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

Beginning in 1978, Nike paid coaches to put their shoes on the team.

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.