Should College Athletes Be Paid? LA 401 (Ethics)
Introduction
When looking at the revenue that is generated from sporting events, the idea that comes to mind is millions, and for college athletics, this is no exception. The revenue that is generated through the NCAA alone is quite overwhelming. “While the amount of revenue is large, little of the money is retained by the NCAA national office. About 96 percent is distributed directly to the Division I membership or to support championships or programs that benefit student-athletes. The remaining 4 percent goes for central services, such as building operations and salaries not related to particular programs. For 2011-12, NCAA revenue is projected at $777 million, with $680 million coming from the Association’s new rights agreement with CBS Sports and Turner Broadcasting” (NCAA, Revenue).
With the amount of money coming in as revenue for the colleges, the expenses are relatively minimal in comparison, and these expenses mostly include costs for colleges to either host or run a specific sporting event. The money that is left after expenses have been taken out is then reinstated to the colleges: “Each year, about 60 percent of all NCAA revenue is returned directly to the Division I conferences and member institutions. For the 2010-11 fiscal year, that figure was $478 million (61 percent)” (NCAA, Distributions). This does not seem right on many levels. The member institutions are receiving 60 percent of the money and retaining it for use throughout the college. There needs to be a change in policy for college athletics at a state level to distribute this money throughout the people who actually made it; the athletes.
States should adopt a bill similar to the Nebraska Bill proposed by Senator Ernie Chambers to the Nebraska business and labor committee. The bill requires the University of Nebraska football players to be paid a certain amount of money (Stipend), if three other states within the Big 12 Conference would also pass the bill. Each state should highly
When looking at the revenue that is generated from sporting events, the idea that comes to mind is millions, and for college athletics, this is no exception. The revenue that is generated through the NCAA alone is quite overwhelming. “While the amount of revenue is large, little of the money is retained by the NCAA national office. About 96 percent is distributed directly to the Division I membership or to support championships or programs that benefit student-athletes. The remaining 4 percent goes for central services, such as building operations and salaries not related to particular programs. For 2011-12, NCAA revenue is projected at $777 million, with $680 million coming from the Association’s new rights agreement with CBS Sports and Turner Broadcasting” (NCAA, Revenue).
With the amount of money coming in as revenue for the colleges, the expenses are relatively minimal in comparison, and these expenses mostly include costs for colleges to either host or run a specific sporting event. The money that is left after expenses have been taken out is then reinstated to the colleges: “Each year, about 60 percent of all NCAA revenue is returned directly to the Division I conferences and member institutions. For the 2010-11 fiscal year, that figure was $478 million (61 percent)” (NCAA, Distributions). This does not seem right on many levels. The member institutions are receiving 60 percent of the money and retaining it for use throughout the college. There needs to be a change in policy for college athletics at a state level to distribute this money throughout the people who actually made it; the athletes.
States should adopt a bill similar to the Nebraska Bill proposed by Senator Ernie Chambers to the Nebraska business and labor committee. The bill requires the University of Nebraska football players to be paid a certain amount of money (Stipend), if three other states within the Big 12 Conference would also pass the bill. Each state should highly
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