A very important point:
"The NLRA governs only private enterprises and does not apply to public universities. As a private university, Northwestern falls under its jurisdiction. Gerard said that based on labor law, any decision in favor of the players against Northwestern would apply to all private universities across the country in the FBS. It would not apply to public universities, which are governed by state laws."
Look for the new Big East in basketball to jump all over this if it happens.