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Collegiate Athletes: A Case Study

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Free labor in exchange for sheep skin; generate millions while earning a degree. The topic of compensating collegiate athletes has long been the elephant in the room pertaining to division one athletes. Compensating collegiate athletes for their athletic contribution to their respective university has been an issue from the early 1800’s, when Harvard and Yale were competing in a regatta, and Harvard used a gentleman who did not attend the institution to compete to appease Elkins Railroad who sponsored the regatta. By the late 1800’s and early 1900’s football became a very popular sport that fans loved, but was very violent causing forty – five deaths amongst collegiate football players. This urged the President at that time Theodore Roosevelt …show more content…

Well it’s true, over ninety percent of states across America the highest paid public servant are the state universities basketball or head football coach. With the median head coach in the current playoff system earning more than two million dollars a year, which may seem more than enough to the average person. There is one head coach’s salary that trumps them all, Nick Saban head coach of the University of Alabama Crimson Tide made an astounding seven million dollars in 2014, not including endorsements and other streams of revenue. I believe with seven million dollars in his back pocket he not only could afford to pay his players but also a small companies payroll. While institutions with major sports programs continually claim that they are simply cannot afford to pay players, Michael Leeds a professor of economics at Temple University believes and proves otherwise. After researching many institutions athletic budgets and annuities, Leeds detected that institutions frequently transferred or allocated surplus revenue that would be considered income in a free – market company. A prime example of this practice is in the compensation of collegiate coaches. For example, during the 2013 – 2014 season, the University of Kentucky men’s basketball department disclosed 23.7 million in annuity. That same year, John Calipari earned 5.2 million which would equate to twenty – two percent of Kentucky’s men’s basketball …show more content…

In 2014 the NCAA reported 11 billion dollars in profit, not to mention their deal with CBS/ Turner Sports for March Madness running from 2011 through 2024 worth an estimated 11 billion dollars. In the 2014 academic year the University of Alabama reputed 140 plus million dollars in annuity, which is more than the entire NHL as a whole and more than ninety – five percent more than most teams in the NBA. As a former collegiate athlete, to see this outlandish amount of money being made while majority of the athletes on the playing field or arena come from poverty and live in poverty is disturbing. Majority of collegiate athletes have aspirations of making it to the professional ranks, but don’t whether to injury or difficult breaks in their career. Playing a collegiate sport is voluntary, which includes risking injury to your body during practice and competition or possibly even death to an unforeseen health circumstance. For example, Kevin Ware a former Louisville basketball player fractured his tibia during a basketball game in the NCAA tournament, a once promising future in

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