Benefits Of Faculty And Staff Of Universities

College athletics is a billion dollar industry and has been for a long time. Due to the increasing ratings of college athletics, this figure will continue to rise. It’s simple: bigger, faster, stronger athletes will generate more money. College Universities generate so much revenue during the year that it is only fair to the players that they get a cut. College athletes should get paid based on the university’s revenue, apparel sales, and lack of spending money.

College sports are one of the largest and fastest growing markets in today’s culture. With some college sports games attracting more viewers than their professional counterparts, the NCAA is one of the most profiting organizations in America. Recently there has been controversy in the world of college sports as to whether the college athletes that are making their universities and the NCAA money should receive payment while they are playing their respective sport. Many believe that these athletes should be paid. Others argue that they are already receiving numerous benefits for playing that sport from their universities. Many of the proponents of paying college athletes are current or former college athletes who believe their hard work and hours put into practice and competing go under appreciated. They feel that while the athletes are making the university money, the athletes do not receive any cut of these profits. Opponents feel that athletes already receive numerous perks and should not receive extra compensation on top of the perks they already receive.

Colleges bring an incredible amount of money by their sport teams alones. According to John Brill, a sports journalist writer, “College football and basketball generate more than the National Basketball Association, a total of more than $6 billion yearly.” The money made from these sporting events are not being used correctly which is frustrating many college athletes. The money that is being

For example at the University of Texas an in state tuition is worth around $4,000 while out of state tuition is worth around $11,000. Now as previously stated, Texas football players’ fair market value is at $578,000 per year. So at the very least there is $567,000 per player that we really do not know where it goes. I understand that college athletes do not deserve all the money they bring in but if one really thinks about it there is no where else in the world of economics is there a person that spends over forty hours a week and brings in $500,000 per year for their institution, yet they are only compensated $11,000. The numbers do not match up. (Frommer, 2013) These numbers definitely do not match up when one takes into account coaches salaries. The average coaching salary in NCAA division 1 basketball is a massive $1.47 million per year. With Duke’s head coach, Mike Krzyzewski, making the large sum of $7.2 million per year . While Duke’s athletic director, Kevin White, brings in close $1 million per year. After looking over these stats, one quickly realizes why college athletes are not being paid. In 40 of the 50 states in the United States of America the highest paid public employee is not a government official, but the head coach of a college football or basketball team. In North Carolina the average income per household $45,570 while the tax rate is 5.8%. What this means is that on average each person in

As previously stated, Texas football players’ fair market value yields at $578,000 per year. At the very least there remains a total of $567,000 per player that remains unknown as to where it goes. College athletes do not deserve all the money they bring in, but if one really thinks about it, nowhere else in the world of economics does a person spend over forty hours a week and brings in $500,000 per year for their institution, yet they receive compensation of $11,000. The numbers do not match up. (Frommer, 2013) These numbers definitely do not match up when one takes into account coaches’ salaries. (Berkowitz, 2012) The average coach NCAA division 1 basketball acquires a salary of $1.47 million per year. With Duke’s head coach, Mike Krzyzewski, making the large sum of $7.2 million per year . While Duke’s athletic director, Kevin White, brings in close $1 million per year. After looking over these stats, one quickly realizes why college athletes do not get paid. In 80% of states the head coach of a college football or basketball team has the highest salary. In North Carolina the average income per household comes in at $45,570 while the tax rate comes in at 5.8%. This means that on average each person in North Carolina pays a little over $2,600 in state income taxes each year. Enough money goes into the officials of colleges and college athletics. The NCAA does not pay the people actually doing the service just so these high-ranking

Hartnett points out that even with a scholarship many college athletes are broke while NCAA executives are making about $1 million per year (Hartnett). Coaches earn at least $100,000 per year and also receive bonuses on top of that when their team does well while their athletes receive nothing (Hartnett). I don’t see how this is fair at all and Hartnett also brings up how athletes promote and make money for their school and yet receive nothing for it (Hartnett). The NCAA executives are obviously doing well because of what the college athletes are doing for them, so I think a little extra paycheck at the end of the month wouldn’t be too much of a

In light of the outbreak of scandals and bribery occurring in college athletics, the average person would most likely agree that paying college athletes would escalate the desire for extreme NCAA neglect, which would be an extreme job in all aspects. However, there are even more efficient problems to consider. For example, how much should college athletes get paid and what will those payment increments be chosen by? What if a student-athlete on scholarship ends up with a severe injury halfway through their sporting season? What if a student-athlete does not end up being as superior as thought to be and, although still remaining on the team, does not start or even play at all? These are all problematic things that should surface far more questions. According to College Express, it has been shown that only a fraction of Division I football and men’s basketball programs turn a profit. The other Division I football and basketball programs, as well as baseball, softball, golf, hockey, women’s basketball, and just about all Division II

The NCAA can afford to pay their athletes. College coaches are also making significant money(ESPN). According to ESPN.com $53.4 million dollars is the combined salary of the top five highest paid football coaches. The top five-college athlete’s combined salary: $0.

The athletic department of colleges are a great source of revenue that colleges never wish to lose or deplete profits. In an article noted by Ryan Vanderford, “In 2012, the National Collegiate Athletic Association (“NCAA”) reported $871.6 million in revenue. In the 2012-13 fiscal year, the University of Alabama’s Athletic Department alone made $143.4 million, combining proceeds from ticket sales, donations to the athletic department, media rights, branding, and numerous other revenue streams”.(Vanderford 1) There is no changing this, schools can afford to pay athletes something in return for the hard work they put in to the sport. This is a business, the bosses that sit back and collect all the profits are the coaches, NCAA and the colleges,

The obscurity of what student athletes should get paid is the major problem. Many people would see it unfair for a quarterback of a powerhouse college team to receive $5,000, but a tennis player of a college e team to receive $ 1,500, NCAA officials mentioned that fewer than 7% of Division I athletic programs made money between ’04 and ‘10 (Dohrmann). Dohrmann agrees that “the books are cooked “(qtd by Ross). With revenue from national televised games and tickets sales, it is estimated that the 7% should be up to around 80%. The NCAA approved for schools the option to raise the student athlete’s scholarships by $2,000, but several schools pleaded that could not afford to do this.

Most student-athletes playing a sport in college are there on an athletic scholarship. The scholarship is granted to them by their respective schools and is worth anywhere from $50,000 to $200,000. According to Edelman, the football program alone at University of Alabama brought in roughly 143.3 million dollars of revenue. In perspective, that’s about 2 million per player. Even though Alabama is an elite program and brings in more than the average football program, the NCAA brought in nearly $845 billion in 2011 per Sonny. Now it is obvious there many ways a university brings in revenue, but it is safe to say that a player is worth more than that $100,000 scholarship. In fact, a substantial share of college sports’ revenues stay in the hands of a select few administrators, athletic directors, and coaches. Now think about what college athletics would be without the world class athletes it has today, or without any athletes at all. If a school didn’t “award” athletes these scholarships, there would be

Generating profits from athletics is what drives a universities’ ability to keep their programs thriving. Football and basketball programs are one of the top money making sports in the United States. From the NCAA “college athletics as a whole pulls in about $12 billion annually,” (Gerencer). This revenue comes from ticket and merchandise sales, along with TV and marketing. The average annual revenue from a Division I football program is around $56 million and men’s basketball is around $23 million. These two college sports bring in the majority of the revenue while numerous others bring in the remainder.

So first, let’s talk money within the universities. Jonathan Mahler of ProQuest (2014) quoted, “Division 1 schools generate millions of dollars annually from the football and basketball programs alone, yet the athletes are not receiving a dime out of the profits” (“Business Week”).This is true; however, the money does not go straight to the pockets of the

The “contradiction at the heart of big-time college football,” as Michael Oriard describes it, is the competing demands of marketing and education. The 1890s proved to university administrators that there was an enormous market for collegiate football, which postulated opportunities for university building. Since this ubiquitous realization, there has coincided this blatant, yet unchanging contradiction that academic institutions are permitted to profit off of the services provided by its student-athletes while the athletes must idly accept that they are amateurs, donating their efforts to their respective schools. The schools then direct this revenue toward strengthening their athletic departments, and thus continues this seemingly endless growth of big-time college sports, all while athletes remain uncompensated and academics continue to take a backseat.

The NCAA’s greatest fear about paying student athletes is the money itself. They worry it will be spread thin between all the sports departments, but with all the money circulating around the college sports industry, they should not have any concerns. The two most popular college sports, football and men’s basketball, generate over $6 billion in annual revenue combined; more than the amount the National