Globally, Physical Education (PE) carries the stamp of neoliberalism and as a field we are keen, it seems, to accrue more of the vestiges of this ideology. While neoliberal positions and practices are not necessarily harmful to the long-term interests of the field or the students we teach, indeed it may be strategic to take them up, the field needs to realize and reflect upon the pervasiveness of neoliberalism. Two trends in PE will be presented: (a) high stakes testing and (b) outsourcing PE to private providers, making the case that each is a response to neoliberalism and potentially the deprofessionalization of PE. Yet each trend or set of practices is not only embraced by many in the PE profession but each is often espoused by the profession as a way of buying into the dominant policy agendas (e.g., accountability, reducing health costs, supporting choice) and gaining the ensuing recognition as a legitimate school practice.