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Paying College Athletes – Why It Should Be Done And How To Do It
There has long been a big debate about whether or not college athletes should be paid. Some people believe that a scholarship should be sufficient payment. After all, a scholarship can easily be worth $15,000 – $25,000 or more per year, as well as a post-college career that can be worth a million dollars over a lifetime. Additionally, student-athletes receive all sorts of perks while in college, such as staying in fancy hotels, being seen on national television, and all the glory that comes with being a high-profile athlete. It’s hard to put a price on all of this.
However, given that some college sports generate millions of dollars for college athletic programs, many believe that athletes are being exploited. If the average football scholarship is worth $20,000 per year, but the university earns $70,000 per scholarship per year (please note that this number is only an estimate – the actual number may actually be higher), the university will receive $50,000 per year benefits a scholarship player, or $200,000 over four years.
It is very difficult to put a numerical value on how much an athlete is worth to a college. A star quarterback not only helps sell tickets, but also brings in a lot of merchandise sales. The NCCA does not allow universities to sell college football jerseys with a player’s name on it, but they do sell jerseys with the player’s number, which is easily recognizable in local and sometimes national markets. Big colleges make a lot of money from this type of merchandise alone, but the student-athlete whose number is used to sell the merchandise doesn’t see a dime of the profit. It is safe to say that the student athlete is not being exploited in this situation.
It is more than that. College athletic programs make millions from television and advertising contracts. They also bring in millions of dollars in donations from promoting sports. Yes, salaries should be paid to athletic directors and coaches, not travel and other student-athlete expenses, and it’s great that major college football and basketball programs help fund non-revenue athletic programs. However, the bottom line is that compared to the amount of revenue that student-athletes generate for their colleges, what they receive in return is very little.
This is where it gets really interesting. An athlete can be “disciplined” for selling their tickets to a fan on game day, but how much money do NCAA directors get as a result of student-athletes’ efforts? The reality is that college athletes are paid exactly a fraction of the salary of every person employed by the NCAA. If an NCAA executive can drive a Mercedes, he can thank a star quarterback or running back for it, and more ways than one.
So here it is: if the NCAA, coaches, and athletic directors make big bucks from student-athletes, do the student-athletes get a piece of the pie, too? That’s not to say that college athletes need to earn a lot of money, but it sure would be nice if their scholarship could pay them a little extra every once in a while to go out for pizza or buy a nice dress — just a little extra cash as a way to go. saying “thank you” for their efforts.
If for some reason college athletes are paid, that opens up a whole new can of worms. All the athletes on a 125-player football team work hard in training, but only 11 can start in attack and defense – do you only pay the players? Plus, if you were paying a star quarterback more than a “good” receiver, you’d be in a lot of other trouble. With that being said, the first thing you want to avoid with paying college athletes is the student-athlete debate about how much money they make or should be making, which happens all too often in the NFL.
The second thing you want to avoid is an uneven playing field. While some Division I colleges are able to afford to pay athletes, many simply don’t bring in enough revenue. If a student-athlete knows he can earn more at USC than if he plays at his home state university, then the playing field is even more uneven than it already is. Athletes almost always choose “money schools” over other colleges. Technically, this happens more today than people realize, because the colleges with the best traditions, best coaches, and best records tend to be the ones with the most money… , the playing field has become even more uneven.
If you’re going to pay athletes, all athletes should be paid the same amount, and all colleges should have the same amount of money to pay their athletes, which can be determined in advance. NCAA. Even if the amount was as small as $1,000 per year per player (which is a total of $125,000 per college football team with 125 players) paid each month during the school year, it would be much fairer to the student. Athletes… and most Tier I colleges, of course, could afford it. For the few colleges that couldn’t afford it, the NCAA could always raise extra money from the millions it generates from bowl games. Another option is to take a 25% cut of the salary of every NCAA executive who gets rich from NCAA sports and give the difference to the athletes…
Most of this article focuses on college football programs. The revenue generated by basketball programs is even more staggering given that teams are smaller, travel costs are cheaper, and fewer scholarships must be distributed, making the NCAA’s profits from college basketball programs even lower. . more surprising.
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