the ncaa is a voluntary association of mostly public funded universities, founded because of Government (President Teddy) intervening/regulating in college athletics. precedent supports government intervening again, lassoing in the Colossal Bowl Business. Don't fret however, the money machine juggernaut is unbreakable.
Until this administration handles all the problems in the mideast, fix this recession, and get unemployment back on track... I don't think they have any business sticking their nose in any college or pro sports. They couldn't fix baseball so what are the chances they'll be able to fix college football?