Earn there degrees within six years is the stat that you can find for CU and I was surprised to see that for football players it hovers around 60%.  The rate for basketball is much lower at CU.  The rate for all students is a little less than 10% higher.  CSU's rates are higher and overall student athletes have a higher graduation rate.  I don't know about you but that is better than I expected.  With that in mind basketball looks like it needs to be looked at and reformed. 
It would be nice if there weren't a large number of people in the college football and basketball business making a mint off it while the players only get tuition.  http://www.colorado.edu/oda/institutional-research/student-data/retention-graduation-rates-and-time-degree/undergraduate-0