He sure did.
The big problem is that they're not allowed to have a job. Either cut practice to 20 hours/week and let them have legitimate jobs, or give them $3000 in walking around money per semester (yes, I think that's plenty). I don't know how much has changed since the late eighties, but we weren't going out to dinner at nice restaurants too often. Bennigan's twice a semester was about it. And I don't think the scholarship athlete needs any more money than the scholarship musician or engineer does (I understand that kids in those categories are allowed to work--but I also understand that they'll be putting in a hell of a lot of time practicing or studying, meaning they're not going to earn more than about $3000 per semester working). Also--let's not forget that the scholarship swimmer, wrestler, track star, etc. seems to get by without a job and without any handouts from boosters. They can't work, either.
So what? The water polo kids aren't allowed to work, either. (See above...)
How much do you think the UB programs make? Most programs do lose money. Miami probably doesn't, though.
The best solution is a true minor league system for football and basketball. Then a kid can make a real choice between pursuing sports and college or just sports. Works just fine for hockey and baseball players.