In 1951, recognizing that television telecasts may decrease attendance at games, the National Collegiate Athletic Association (NCAA) devised a plan which gave it exclusive control over the broadcasting of college football games. The contracts negotiated by the NCAA with ABC and CBS contained a number of restrictions designed to give as much exposure to the largest number of schools as possible. Such limitations included guaranteed appearances to both large and small schools, limits on the number of games that could be broadcast, and restrictions on the amount of money received and number of times each school could appear. In 1981, the Universities of Oklahoma and Georgia sued the NCAA for violation of the Sherman Antitrust Act under a restraint of trade theory. The Supreme Court upheld this theory. The hearing reported in this document was held to consider the impact of the courts reasoning, and addressed the following issues: (1) Should Congress grant the NCAA a limited exemption from the antitrust laws? (2) What effect has the decision had on the financial status of both large and small schools? (3) Has there been increased or decreased exposure as a result of the decision? (4) Has the decision endangered the live gate? and (5) What kinds of restrictions can be imposed upon schools by broadcasters that limit appearance rights? (JD)