The National Collegiate Athletic Association

1450 Words Nov 2nd, 2015 6 Pages
“The National Collegiate Athletic Association (NCAA), formed in 1905, set laws requiring college student-athletes to be amateurs in order to be eligible for intercollegiate athletics competition. According to the NCAA, requiring college student-athletes to be amateurs protects them from being exploited by professional and commercial enterprises” (Schneider). College sports is a business, and a booming one at that. With ticket sales, merchandise, and booster funding, universities can bring in huge amounts of money from collegiate athletics. “During the 2013-2014 year alone, the NCAA’s gross revenue totaled 497,600,000, with a majority the revenue generated through various media rights payments” (Grimmett-Norris). In addition, since 1988, the NCAA has received over 150 million a year from CBS alone for the rights to broadcast the annual men’s March Madness basketball tournament, on top of millions being generated by students play, school sponsorships contracts can also generate universities tremendous amounts of revenue. For example, in 2014 Oregon signed a record-breaking contract with Under Armor valued at over 100 millions dollars. Meanwhile, a recent study found that a college football player at the University of Texas is worth, on average, $578,000,
Monahan 2 which is more than fifteen times the $37,000 University of Texas actually spends on each football player at the school (Vanderford). With college athletes being the primary source of such a large sum, they will…
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