The Bottom Line : Accounting For Revenue And Expenditure

The National Collegiate Athletic Association (NCAA) makes roughly $1 billion in income annually and the athletes do not receive any of it. This topic has been debated for many years and is still being debated. The debate dates back to the 1980s and now athletes are demanding that they deserve to be paid since profits are made off of them. Some athletes such as former and current basketball and football players came together with lawsuits to federal courts asking for rewards from profits NCAA makes gets of them. Research has opened several different opinions on this matter. There are many pros and cons for paying college athletes. College sports provide a huge source of the university’s income. The athletes, however, receive their scholarship

Should college student-athletes be paid has become a much debated topic. The incentive for a student-athlete to play a college sport should not be for money, but for the love of the game. It has been argued that colleges are making money and therefore the student-athlete should be compensated. When contemplating college income from sporting events and memorabilia from popular sports, such as football and basketball, it must not be forgotten that colleges do incur tremendous expense for all their sports programs. If income from sports is the driving factor to pay student-athletes, several major problems arise from such a decision. One problem is who gets a salary and the second problem is how much should they be paid. Also, if the income

When you put money into the industry of student athletes it will make just the sport but the whole NCAA a better business. Student athletes are working so much harder than any other students at the school and for some odd reasons people still believe that paying athletes will damage the

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.

With the universities pulling in more than twelve billion dollars, the rate of growth for college athletics surpasses companies like McDonalds and Chevron (Finkel, 2013). The athletes claim they are making all the money, but do not see a dime of this revenue. The age-old notion that the collegiate athletes are amateurs and students, binds them into not being paid by the National Collegiate Athletic Association (NCAA). This pay for play discussion has been talked about since the early 1900s but recently large steps are being made to actually make a change. There are many perspectives on the payment of collegiate student athletes coming from the NCAA, the athletes themselves, and the university officials.

College sports can determine a person’s lifestyle. Determines whether or not they can go pro or get a job. Paying athletes can give them a better sense of money. They can learn how to save their money up, learn how to spend it correctly, and a great sense of financial awareness. The problem is that many

Whether or not student-athletes should be paid has been a hotly debated topic since the 1900s. College athletes spend just as much time, if not more time, practicing and devoting time and energy to sports as they do academics. For this, many athletes are rewarded with scholarship money. However, many people believe it is not enough. Should we pay student-athletes a slice of the wealth or is a full-ride scholarship enough? (Business Insider). What if the athlete gets injured? Where does the money come out of to support each athlete’s salary? The huge amount of money being generated from college sports has led some people to think that the athletes are entitled to some of that revenue. While, some think that student-athletes should be paid, others disagree for various reasons.

College athletics are becoming more like the professional leagues except for one big issue, money. Student athletes bring in a vast amount of revenue for the National Collegiate Athletic Association (NCAA) not to mention recognition and notoriety regarding the athlete’s university. However, the debate continues as to whether student athletes should or should not receive payment for playing college sports.

Ever since college students started playing sports, back in 1879 when Harvard played Yale in the first collegiate sports game, the question of whether college athletes should be paid was addressed. From that point on athletes, coaches, and college administrators have brought forward points agreeing or disagreeing with the notion of paying college students. The students argue that they deserve to be paid due to the revenue that they bring for the college and because of the games they play and the championships they win. At first the idea of paying college athletes was out of the question, but now the argument has gone from a simple yes or no to a heated debate. Since college athletes are given a free education, they should not also be paid.

A topic that is very controversial for everyone is, should student-athletes in college be compensated? There numerous evidence that supports in favor and many against the proposition of paying student- athletes who play sports for their university. As a college athlete, students are putting their bodies on the line each game they play. There’s possibility of suffering a traumatic brain injury or being paralyze after physical contact. These athletes are sacrificing their bodies and physical health at an opportunity to play a game which they love, and hopefully play it in the professional level. While that’s taking place, college football and basketball are big business that keep expanding. College sports bring in a large amount of revenues. The result is that many of them fail to graduate. Paying college athletes would not ruin amateur sport because even though most college athletes do get scholarship and should focus on their education it doesn’t help them if most of the time they are not attending classes to be in practice or games. College sports do make a high-income and athletes deserve a portion of the revenue they bring their programs.

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

In the United States, college athletics are growing larger by the minute. College athletics contribute not only to the recognition of colleges and the National Collegiate Athletic Association (NCAA), it also contributes to the income of colleges and the NCAA. Without student athletes, these colleges and the NCAA would not reap the benefits of college athletics, such as: increased awareness of colleges, higher application rates, and of course the revenue brought in from game and event tickets, apparel, and contracts for licensing and television rights. Since the student athletes, who devote a great deal of time to their sport, are the cog in the machine that is the NCAA and college athletics, they deserve the fair and rightful compensation that they certainly do not currently receive. Here is exactly why student athletes in the NCAA should be compensated for what they do for their colleges, on and off the field of play.

Its no secret that college sports brings in the big bucks, and without the athletes preforming day in or day out universities would lack the funds to support a school needs. The college sports industry makes 11 billion in annual revenues (Mitchell, Horace, U.S. News Digital Weekly). 11 billion dollars made off of college sports alone is enough its self to pay these student-athletes for their contribution to a school’s success because without them there wouldn’t be this much income. They need these athletes and the NCAA should quit exploiting them for their talents and compensate them. Student-athletes are amateurs who choose to participate in intercollegiate athletics (Mitchell, Horace, U.S. News Digital Weekly). Indeed, they are amateur but in sports the word professional has a different meaning since in all sports there is a 1-2-year stint before an athlete can go from the college level to a professional standpoint. Meaning it only takes a year or two

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

Because of recent court cases such as O’Bannon v. National Collegiate Athletic Association (NCAA), the issue of whether intercollegiate student-athletes should be compensated for their athletic appearances on behalf of colleges has been featured in the news and been the subject of much scholarly writing. This literature review will focus on the major themes discussed in peer reviewed journals and law reviews as well as the main judicial opinions on this issue to this point. As colleges and the NCAA continue to battle over the appropriate role of profit and amateurism