College athletes generate tens of millions of dollars for their schools each year, yet are not compensated beyond a scholarship as they are considered amateurs. NCAA Men’s basketball is a prime example of this problem. All the athletes want is money to help them get situated in school, but because the NCAA pays them nothing, many try to leave after one year in an attempt to become a professional as soon as possible. So these individuals are missing out on an extra three years of education and just making money. And what if these same athletes don’t make it? Wouldn’t it be far better to see these athletes stay in college through their four years? College athletes deserve to be paid because they generate massive amounts of revenue for their …show more content…
Each week, millions of people tune in to their television to watch their favorite team, buy tickets to go games, or spend money on merchandise of some of their favorite players. The NCAA makes a ton of money from these players and it seems unfair that players don’t receive any of the money spent on their sacrifices on and off the court. According to Business Insider, Texas A&M tops the list with $192.6 million in revenue. The 231 NCAA division I schools with current data available generated a total of over $9 billion in revenue. There are 24 schools that make more than $100 million. (Business Insider) And it’s not as if the NCAA will have trouble making money in the future. In 2003, An NCAA study noted that 85 of the then 117 institutions in Division I-A, the highest competitive level of intercollegiate athletics, reported a positive cash flow (Fulks, 2004). This number has only risen in these subsequent years. Let’s not forget about the most anticipated and exciting time of the year: March Madness. Last year the NCAA raked in a record $1 billion in revenue from media rights, ticket sales, corporate sponsorships, and a proliferation of TV ads anchored around the three-week long tournament. (Parker) Money comes pouring in from all directions and the NCAA keeps it all for themselves even though they aren’t the ones who worked for