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College Athletes Should be Paid Essay

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College sports are big business. For many universities, the athletic program serves as a cash-generating machine. Exploited athletes generate millions of dollars for the NCAA and their schools, and never see a dime. In terms of profit, if all ties with the university were eliminated, an athletic program acting as its own separate entity could compete with some fortune 500 companies. So, why do the vital pieces of the machine, the players, fail to receive any compensation for their performance? The answer lies in the money-hungry NCAA and their practice of hoarding all the revenue. College athletes should receive payment for their play to make their college experience more bearable because they create huge profits and…show more content…
Opponents against paying student-athletes say that they should not be paid because through scholarships, they're already being paid. Yes, a scholarship is a form of payment. A scholarship is nice, but it is not enough. A scholarship will not pay the bills. Moreover, unlike ordinary students without athletics, student-athletes must also many times care for families and spouses. Actually, approximately 24% of student athletes are married, and of that 24%, about 62% have children. Of the students without their own spouses or children, many must care for parents and siblings. It wouldn't hurt universities to give back a little. The average Division One School profits $6 million per year on basketball and football alone. Consider that, some universities such as the university of Florida or University of Michigan profit more than $10 million per year on their respective athletic programs. At least three-college football teams; Michigan, Florida, and Notre Dame, are each worth more than the NFL's Detroit Lions. Today, networks and cable channels pay hundreds of millions of dollars for the right to televise college football games. NCAA basketball, which has its wildly popular March Madness, is currently in the middle of a contract that pays almost $2 billion.
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