NBA Draft Lottery

The National Collegiate Athletic Association (NCAA) has a current system that is utterly dysfunctional. I outlined two separate ways that I believe have the promise to fix this flawed organization. One of those, the salary cap, would be replicated after the professional system. To show the complex nature of this, using a power point presentation was the only way. The other, the free market approach, would be translated easily into the college game. Due to being easier to understand, a paper appealing to the emotional side of people was the best choice. The logistics of the salary cap approach are much more complex than those of the free market.

Edwin J. Delattre describes in “Some Reflections on Success and failure in Competitive Athletics” that competitive athletics require a touchstone relationship of competitors’ i.e. that competitors have a moral and logical obligation to not engage in cheating. Competitive sports leagues and organizations have taken several measures to achieve competitive balance or fairness in regards to the spirit of competition. Competitive leagues have implemented the draft process to ensure that teams with the worst records are able to acquire top draft pick players to help improve losing teams, and salary caps to prevent a select few teams from acquiring all of the talented players and depriving the rest of the league from being able

College athletics is a very diverse organization involving a lot of students, mainly as the players, and non-students such as officials, coaches and others. The leading governing body for college athletics is the National Collegiate Athletic Association, NCAA. College sports is itself a big industry involving sponsorships, TV networks, endorsements, retail products and marketing. But in spite of it being a big business, the players are not compensated for the work they deliver. This opens up two opinions: should players be paid, or should they not? Kristi Dosh’s article, “The Problems With Paying College Athletes”, (UNCLEAR)discusses where the coaches’ money come from to pay student athletes. On the other hand, Mark Cassell’s article, “College Athletes Should Be Able To Negotiate Compensation”, debates how athletes should be able to negotiate their compensation. This paper will evaluate the evidence of both Dosh and Cassell in order to determine which argument is more effective.

While growing up in the state of Texas I was introduced to National Football League (NFL) at a very young age. Not only was I obsessed with great players like Emmitt Smith and Michael Irving, I had a more finical appreciation for the lucrativeness associated with the NFL. My young adulthood as well as my teenage years was spent playing and learning football with the aspirations of hopefully making it to the NFL. Unfortunately, my playing days ended with tryouts at Texas Tech University, but my love for the game has remained stagnant over the years even till this day. The NFL today is Americas most watched sports league and has taken the crown as the most lucrative and unique economic force in sports. Forbes offered approximations stating that on average, the NFL generates more than $6-9 billion a year in revenues alone. A third of the individual franchises in the league were appraised at over more than $1 billion while the other franchises average nine figures or higher. The NFL as an organization generates its revenues through a multitude of ways ranging from huge television contracts, in-stadium ticket sales, advertising ads paid for by sponsors and merchandise. Their business model unlike most other leagues, is centered on a hard salary cap on player contracts which provides cost certainty with its sponsors. In this paper, I will examine the economic and historical narrative associated with the growth of the NFL’s

If the PPL were to adopt the NFL draft protocol the PPL would need to protect themselves from antitrust laws. The first thing would be to establish a CBA and constitution that stated all the eligibility rules. The PPL should operate as a single entity league because it is such a new league. We must establish certain protocols that will help us determine the eligibility of our players. I think it is in the best interest of our league to create a minimum age requirement such as the NBA. We will establish that age at twenty. It does not matter how many years the athlete plays in college or when they decide to declare for the draft as long as they are twenty years of age they are eligible for the draft. This will allow us to be protected from lawsuits

The world we live in, our every action is driven by some economics motivation. Every task we perform now has some kind of monetary value attached to it. While some may argue that has made us materialistic, others believe it’s just a way of acknowledging each other’s hard work. A similar trend is seen in sports; athletes and coaches are paid, highly to acknowledge them and show appreciation. However, when it comes to college sports, everyone’s views change and only the coaches are the ones being compensated. Today, I would like to argue against these double standards because, the effort college athletes put towards their sport and the commercialization of college level sports, justifies the notion of monetary compensation for college athletes.

Imagine a darkened evening in the spring the lights are slowly warming up to illuminate the field in which the cleats of the great will graze the grass and scuff up the freshly dragged dirt. The crowd is feeling anxiety to know if the umpire is going to call the pitch a ball or a strike. This is in the mind of every person that comes out to support their local major league baseball team. In recent decades the sport of baseball has become criticized for the amount of money that the owners pay their players for their services. The question On the minds of not only the general public, but to the owners and the fans is the salary paid to the players. Major League baseball players are paid too much.

1 Often, in the world of college athletics, it comes down to all or nothing. You either win or lose. For the winning teams at top-notch programs, Alabama in college football and Duke in college basketball, for example, the reward for winning is millions of dollars of revenue. It is because of these programs and other top-notch programs in the premier athletic conferences, that makes the NCAA, the largest collegiate athletic governing body, a billion dollar industry. (Why College Athletes Should Be Paid).

So it is the same process as i explained as the paragraph above with the titans. The difference we came up with was the numbers. So the numbers if we compared with New York teams is we would get 500,000,000 million. This number comes from 2.1 billion from New York Giants, 1.2 Billion from the New York Rangers, and then 500 million from the Las Vegas Golden Knights. So if we do the process as above that is where the 500 million comes from. So if we did go with New York as our profit we would get a lot more than what we would get if went with the Tennessee

This scholarly article by Debra Blum attempts to legitimize the argument that athletes should be compensated for their hard work from the perspective of former Duke University player Dick DeVenzio. It describes his struggle in day to day life and shows that players need to receive compensation to survive. This source provides primary source evidence for my argument.

Is there any good reason why college athletes should not be paid for their ability? Great inquiry. Some individuals argue school players are being paid; it’s known as a grant or scholarship (Cooper 1.) Others argue that a full grant doesn't cover everything a customary school understudy needs (Schneider 3, Majerol 2.) Every single sentiment had great focuses.

How can you fill a roster of fifty-three players when you have no money to spend on key free agents? I read an about the NFL free agency. It was a very well written article by Joel Corry; in the article, he lists the three teams with the worst cap space available heading into the NFL offseason. “The 3 NFL teams facing the worst salary cap situation” by Joel Corry describes how the three teams with the least cap space can get more money (cap space) to pursue free agents to address the team's position needs. While reading the article, I learned the New Orleans Saints, Buffalo Bills, and the Miami Dolphins are the teams have the worst cap space situations (Free agent woes). I thoroughly enjoyed reading the article by Mr. Corry;

If I could pay someone $25 million a year to get him/her on my team and generate $30 million, why not hire that player? The salary cap for the NFL is $102.5 million per team, and we currently have 32 teams, so we the public are paying 3.28 billion to those teams. Currently America is in a 11 trillion dollar debt, if athletes could get paid $150,000/year then we could save 1 billion dollars a year. The monetary worth of athletes exceeds the value that any one individual is actually worth. League officials should be using salary caps, negotiations, and legal tactics. Athletes' salaries are in increasing problem for the economy of our modern world. Although the sports have their own equal distributions, the overwhelming salaries of the leagues' highest paid players have made the average of salaries higher and higher each year.

Economic theory introduces us to four different types of markets: perfect competition, monopolistic competition, oligopoly, and monopoly. Professional sports teams operate in an environment that is different than the typical business structure. The goal of this paper is to look at this industry, in particular the NFL, in an economics context and gain an understanding of the market structure of this unique industry. To do this I will discuss a brief history of the National Football League in the U.S. and how this organization is structured. I will also discuss typical market structures and type of

number 23 out of 30 top salaries in the league, they also had 96 wins