What if instead of paying Jon Chait to write, we offer him a scholarship to a university. He can only write for that university’s paper. He cannot do any free lance writing or work anywhere else.

Nike is essentially dropping a suitcase full of $103 million in cash on Ohio State’s doorstep, and yet none of that money is going to athletes who generate it in the form of cash payments. You either believe that’s insanely stupid, or you don’t. The problem with Chait is that he falls into the latter category, but…

Tom, you failed to mention the most ironic part about the whole thing: