So if unions do become a reality, then it will raise the cost of having an athletic program at any university. If the NLRB is saying that, among other things, a student athlete is an employee based on the number of hours devoted to athletics, then wouldn't all student athletes on varsity teams qualify? To cover it, universities will have to look at raising ticket prices, cutting admin costs, increasing non-ticket revenue (The Huntington Bank Field at Ohio Stadium anyone?), and dropping teams (more men's, to comply with Title IX). I just don't see how athletic departments that are just barely breaking even or are running a deficit could stay afloat without drastic measures, and on a much smaller scale.
For Olympic sports, would this foul up a college athlete's amateur status? For example, OSU fencers were in the last Summer Olympics. We had hockey players in Socchi. In the future, would this void their eligibility? I know the rules for "amateur" have changed, but I am not sure if it is in all Olympic sports, or whether it is ruled by each sport's governing authority. So while you can have professional hockey players and basketball players, as examples, what about the synchronized swimmers and divers (as examples)?
I must admit though, it really does bother me that jerseys with the college athletes' last names can be sold, with no renumeration to the athlete (say, after his/her college days are done).