This is a very interesting topic.
Last week, Jay Bilas was on Mike and Mike. He and Greeny got into a fascinating discussion on the very topic of how college basketball is in deep trouble.
While they were short on answers, they cited the problems in detail.
Bilas believes that there are major problems and that they are not being discussed because the people in control of the NCAA refuse to even admit there are problems., i. e., attendance, viewership, poor officiating, and loss of interest by the fans in the entire regular season.
They cited recent comments by Pitino about how ridiculously irrelevant and a waste of time conference tournaments are.
The problems have been a long time coming.
1) Conference basketball tournaments are a waste of time and money and are completely detrimental to the health of the sport. Auto-bids should be handed out to the regular season champs. Reward excellence.
2) Another big factor in the decline in fan interest is the changing of the NBA eligiblity rules years ago. No more dynasty programs and no more guarantees in recruiting. You don't know what you're getting.
3) Also, a previous poster hit on something as well. "White flight".
Think back 20 or 30 years ago. Think about the Southern states and just how much more money universities there have poured into baseball and softball programs over that time frame. It's exponential growth.
Now, has that same growth happened in basketball? Nope.
4) Finally, it's a cultural thing too. Discipline. Hard Work. Fundamentals. Mental toughness. These are rejected by today's ESPN highlight culture.
Wooden and Knight would never become household names if they were entering Coaching today.
Bad basketball is HARD to watch.