Allen R. Sanderson argues that we levy "sin taxes" against tobacco, alcohol, gasoline, and, coming soon to a state near yours, sugar/fat. Why not expand on that notion and tax college football? Full interesting (except when he calls Ohio State a "cesspool") essay here. Key excerpt here:
"Let’s impose a sin tax on the revenues intercollegiate football and basketball generate for everyone but the players. This money could be set aside to provide funding for the ex-players to return to earn a degree, enter a graduate program, and/or start a small business."