The Athletics Are No Longer Just A Sport, It Has Turned Into A Big Business

1967 WordsNov 28, 20158 Pages
Intercollegiate athletics are no longer just a sport, it has turned into a big business. The National Collegiate Athletics Association (NCAA) currently has an operating budget of approximately $530 million in unrestricted assets. The NCAA had generated a total revenue of nearly $1 billion during its 2014 fiscal year from member schools. With all those facts about the revenue that NCAA is generating, the situation of student athletes getting paid rises up. Student athletes who are on a full scholarship receive tuition fees for regular classes, summer schools, books, room and board, and some medical cost. Time is very limited during the day for student athletes to get a job. Most of the time coaches will not allow the student athletes to…show more content…
The minimum GPAs and standardized test scores for the student-athletes are supervised by the National Collegiate Athletic Association (NCAA) or the National Association of Intercollegiate Athletics (NAIA). These associations also supervise the form and value of the scholarships and the amount of recipients granted by the universities. College sports first began in 1852 when the rowing team from Yale competed against the rowing team from Harvard at Lake Winnipesaukee, New Hampshire. This marked a new beginning for intercollegiate athletics and led to an emergence of college sports such as football and basketball. The NCAA was formed in the early 1900’s from formal meetings that were held with President Theodore Roosevelt. The topic of that meeting was about reforms due to many injuries and casualties in college football, which made schools shut down their programs. After the meeting, Chancellor Henry MacCracken of New York University coordinated a meeting with thirteen other colleges and universities to formally set up changes to the college football rules. At another meeting on December 1905, sixty-two higher-education institutions joined an organization what they called the Intercollegiate Athletic Association of the United States (IAAUS). This organization later changed its name to the National Collegiate Athletic Association (NCAA) in 1910. For several years, the NCAA
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