The Ncaa Men's Basketball Tournament

One of the top sporting events in the world is considered to be the NCAA March Madness tournament. This tournament is ranked third just behind the super bowl and FIFA World Cup. It’s unbelievable to think that one of the top sporting events in the world is in college athletics. You have other professional sports like basketball, baseball, hockey and NASCAR, but there championships still don’t compare to the NCAA championship. March madness is so popular that global firms Challenger, Gray & Christmas, Inc believe that companies are expected to lose about $1.2 billion because of every hour of work that employees are watching games instead of working (Koba, 2014). These employees will spend on average 90 minutes a day at work watching

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

The NCAA has been around and evolved since the beginning of college sports. This organization is a non-profitable organization, but ironically makes more than millions of profit per year. Branch states “that money comes from a combination of ticket sales, concession sales, merchandise, licensing fees, and other sources—but the great bulk of it comes from television contract”(pg. 228). Meanwhile, the student-athletes do not receive any of this money. This is the start of an unsubstantial business between universities built around amateurism.

When people hear of college athletics, all they think of is a game. Most people do not realize that there is a million dollar industry going on around these athletes. Eric He, a sports fanatic who writes for the Daily Trojan, states, “The NCAA is a nonprofit, tax exempt organization that just happens to be a billion-dollar industry, raking in $740 million per year from March Madness alone” (par. 7). When the NCAA is generating that much money, how can it not go to the players? It is not the

The popularity of college sports has risen tremendously throughout the years amongst Americans. The passion to watch college basketball, football, baseball, and other sports has generated billions of dollars to the NCAA (National Collegiate Athletic Association) and to various athletic programs throughout America. Even though, colleges are raking in millions of dollars from their sports teams. “Last year 's National Collegiate Athletic Association ("NCAA") basketball tournament generated over $70 million in gross receipts” (Goldman).The NCAA prohibits payments, beyond educational scholarships, to athletes who are the source of these revenues. College athletes spend countless number of hours in their sport every day by attending long and tiresome practices, workout sessions, and film sessions whilst balancing their academics, but do not receive any payment for their efforts. Athletes are putting their lives and careers in danger during practices and games by being vulnerable to any type of injury that might end their careers, and many of these athletes are not provided any type of medical insurance to fund their injuries. Colleges need to realize that athletes often feel exploited because while they generate revenues, they are scrounging to meet their basic necessities and sacrificing their academic and professional careers. Many college athletes, professional lawyers, and sports analysts have taken various initiatives to help

University’s draft athletes to work within the NCAA, a, multi-billion dollar industry that regulates players to the point of management. All television revenue, ticket and jersey sales, promotions and other sources of income goes to everyone involved in the business except for the athletes creating the worth. According to USA Today Sports in 2014, the NCAA had total revenue of nearly 1 billion during its 2014 fiscal year, well beyond the revenue generated by the NFL, and NBA playoffs. (NCAA nearly topped $1billion in

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

Have you ever heard of a business that made billions of dollars, yet did not pay their employees? Seems pretty remarkable doesn’t it? Well this business is known as the NCAA. According to an article in the New York Times, the NCAA made $770 million from just the three-week Men’s Basketball Tournament, but how much did the athletes who participated in said tournament receive? If you said zero then you would be correct. The athletes that poured their blood, sweat and tears into practice everyday and into the 30 plus game regular season did not see a dime. It is hard to fathom how an industry of

March Madness collegiate basketball tournament, hosted by the National Collegiate Athletic Association’s (NCAA) tournament, generated “7.5 billion dollars in revenue over the past decade,” through advertising alone (Chupka, 2016). Currently, this year 's 2016 March Madness tournament is projected to make over “1 billion dollars” (Chupka, 2016). The NCAA is counting the cash, lots of it,” stated financial analyst Kevin Chupka. Does this solicit the view that the NCAA is a money-hungry organization? Through extensive research as a group, we will be collectively addressing the intrinsically paternalistic view that the NCAA has portrayed to all athletes and spectators alike. We will be focusing on the origin of the organization, motivation for implementation, specific divisional separation, financial asset allocation analysis, and the social stratification of the National Collegiate Athletic Association.

college athletes are rewarded with and the actual revenues the NCAA is collecting. For this discrepancy college athletes need to be rewarded for their effort and should be given stipends. Television broadcasting contracts, shoe and apparel deals, and commercial advertising rake in billions of dollars for the NCAA because of the participation of college students in sports. Last year alone, the NCAA’s total revenue was $777 million. Although the NCAA claims that 98 cents to every dollar is redistributed back into schools athletic programs for things like student services for athletes and

If the college is making money from their athletes’ performance, those athletes just be getting money as well.

College sports are big money makers, at least that’s what most people think, right? The truth is they are, but out of the 23 sports managed by the NCAA, the only college sports that really make money is Division I basketball and football. And out of these sports, the only ones who will earn money is the universities who make it to the playoffs and championships.

College sports are a highly paid business. It is produced sold just like all other commercial products. The NCAA generated over $70 million in the basketball tournaments. Schools who made it to the finale instantly earned over $1.3 million. $275 thousand was given to those who were invited to the tournament. Football is just the same. The (1988-89) seasons produces $53 million and $66 million and was split between all participating schools.

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

The NCAA’s greatest fear about paying student athletes is the money itself. They worry it will be spread thin between all the sports departments, but with all the money circulating around the college sports industry, they should not have any concerns. The two most popular college sports, football and men’s basketball, generate over $6 billion in annual revenue combined; more than the amount the National