Recently, the topic of compensating student athletes has become a popular subject of debate within the media. Deciding whether or not to pay student athletes may seem simple at first glance; however, further research into the debate reveals many economic studies that provide persuasive information benefitting one side over the other. Paying student athletes would be more economically efficient and to not allow payment would be considered price fixing, also this would reduce the negative externalities faced by the student athletes in the future. Although paying players would have economic benefits, it would also have high costs to the fans in the form of higher ticket prices and a loss of competition within college sports. Student athletes should …show more content…
There are countless economic reasons why college athletes should get compensated for their time and effort; however, none may be as important as the fact that it would lead to economic efficiency. Economic efficiency is accomplished when every resource is allocated to serve each person in the best way possible while diminishing waste and inefficient spending. Without payment to players, universities must currently spend millions of dollars on athletic program facilities in order to attract the most coveted prospects. Spending this money on paying players to attend their university rather than on facilities is a much more economically efficient method of attracting athletes, assuming ceteris paribus. By redirecting the outflow of cash from athletic facilities to the athletes themselves decreases both wasteful spending and inefficiency. Competition for top athletic recruits is being created through over-spending by universities, when in reality the student athletes would likely take payments considerably lower than the price of building new athletic infrastructure. Former Stanford economics professor, Roger Noll stated that, “It’s much more efficient to pay people for what they’re producing than it is to create a competition for the right to exploit them,” (qtd. In Strauss, 2014) which rings true for all industries including collegiate sports where the …show more content…
Lower ticket prices have always been part of the appeal of attending an amateur sporting event rather than spending the incredibly high ticket prices for professional sporting events. If the NCAA allowed college athletes to receive payment than college athletics programs would need to find a way to replace the expense of player salaries and one easy way would be to increase ticket prices and merchandise prices. Although it is commonly believed that college athletics programs make vast amounts of annual profit, the truth is that “…only 14 Division 1 schools broke even or made money in their athletic department last year [2010] without institutional support,” (Dosh, 2011) meaning that most athletic departments cannot afford to pay their student athletes. Without an existing budget to fund player salaries, the athletic department must generate more revenue through sales, often meaning ticket sales. Inflated ticket prices could lead to a decrease in total attendance which in turn would only hurt the department more. Students are the group that would primarily experience cost of a rise in ticket prices, schools that offer free or discounted tickets to the school sporting events, such as Florida State University, would
As the years have gone by and college sports attract larger crowds and generate more money, the question arises of whether or not star college athletes should be paid. The NCAA currently prohibits college athletes from receiving payment of any kind from the schools, boosters or endorsements. This is a hot topic in society because many consider the athletes to be “working” for the money only the school is receiving. However, some argue that there is a need for amateurism. In college sports, athletes work hard, but they should not get paid because the college part of the sports is what makes the money, not the athletes.
The argument of whether or not the NCAA should pay its athletes has been debated for around 8 years now, and right when it seems like there may be a breakthrough another reason comes up for the issue to be put on hold. College athletic programs are multimillion dollar programs and the athletes who make this revenue possible are getting the bare minimum to make it by in these college programs. Last year the Texas A&M athletic program was at the top of the NCAA revenue list bringing in $192,608,876. A third of that revenue comes from ticket sales alone, which leaves the rest to television rights, licensing and other donations. In the NCAA there are 26 colleges which are bringing in over 100 million dollars in NCAA revenue (USA Today 1). But still, Horace claims that “there is a misconception that athletic programs in general are profitable and are making hand-over fist. While truly most operate at a cost to the institution”.
For years the question or topic of paying college athletes has been given much debate. Countless studies show that this idea has many negative factors associated with it, which in-return make it unreasonable. The cons associated with the idea of paying college/amateur athletes include that many student-athletes already receive scholarships and other benefits, paying college athletes could detract from the purity of the game, and the process of figuring out how to pay these athletes would be extremely difficult. Based upon many studies the idea has more consequential cons that outweigh the potential pros.
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
College athletic programs are among the most popular sporting events in America. With this rise in popularity, the National Collegiate Athletic Association (NCAA) and its colleges have also seen a rise in revenue in recent years. In 2014, the NCAA made over 900 million dollars in revenue. Some collegiate coaches, such as Kentucky’s John Calipari, have yearly salaries in the millions, not counting incentives and endorsement deals. While, clearly, money is being made, NCAA regulations ban collegiate athletes from being paid. Many question this rule and argue that athletes at the college level earn and deserve pay for play. The debate to pay or not to pay college athletes rages on despite the latest court ruling supporting NCAA policies. Because colleges and universities earn such a profit from sporting events, many fans feel it is only fair to distribute some of the wealth to the players. Supporters of paying student athletes feel that these young men and women should be fairly compensated for the time demanded of the athletes and the stress put on the athletes, physically, mentally, emotionally, and financially. Those in favor of paying college athletes contend that athletic and academic work ethic at both high school and collegiate levels will improve, as well as, fiscal responsibility in these young adults. The NCAA argues that paying athletes would negatively affect their
In light of the outbreak of scandals and bribery occurring in college athletics, the average person would most likely agree that paying college athletes would escalate the desire for extreme NCAA neglect, which would be an extreme job in all aspects. However, there are even more efficient problems to consider. For example, how much should college athletes get paid and what will those payment increments be chosen by? What if a student-athlete on scholarship ends up with a severe injury halfway through their sporting season? What if a student-athlete does not end up being as superior as thought to be and, although still remaining on the team, does not start or even play at all? These are all problematic things that should surface far more questions. According to College Express, it has been shown that only a fraction of Division I football and men’s basketball programs turn a profit. The other Division I football and basketball programs, as well as baseball, softball, golf, hockey, women’s basketball, and just about all Division II
Paying college athletes has a lot of positive effects. In the article “athletes should be paid for their participation”. Jay Bilas explained, “when you are profiting off someone else while restricting them from earning a profit, that's exploitation”(Carter2). College sports have a lot of money in their sport systems. They are
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.
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.
In the recent past, college athletics has gained massive fame in the United States. The immense fame of the college athletics has developed over the past twenty years. The massive development and fame of the college athletics have resulted in improved incomes for the National Collegiate Athletics Association (NCAA). Due to increased revenue received by the NCAA, the participates in athletics in the colleges has fuelled the argument of whether the college athletes need to be paid and rewarded more than just the athletic scholarships. In this research paper, I will take a stab at to respond the question whether they should be paid by delving the explanations for and against the payment of the college athletes (Adams and Becky 108).
The hot topic in amateur sports has been as to whether or not college athletes should be paid. The NCAA amateur rule states that an athlete in college sports cannot be paid other than their athletic scholarship. These athletes spend a tremendous amount of time at school practice and then working on schoolwork after practice. The NCAA is an organization that oversees all of the athletes that make up the basic unit of intercollegiate sports. The success of the NCAA whether it’s through the sale of merchandise, game day revenue or NCAA tournaments that each individual sports has, despite the absolute success of these tournaments these athletes receive any monetary compensation .Some of the main reasons why the NCAA lack of payments are that it wants to maintain its amateur status and
Now, paying these athletes doesn’t have to be for everyone. Only the high caliber, D1 athletes. The D1 athletes put in all this time and effort to get a scholarship, but don’t see any money. Now that’s not right. These D1 caliber players don’t come around all the time. There are not many of them. Plus the schools that do have these players are super rich. “These teams not only provide their supporters with a steady source of entertainment, but their performance also helps bring notoriety and pride to the universities they represent. College athletics, especially the so-called "revenue sports" of men 's basketball and football, is now a multi-million dollar business that is marketed, packaged, and sold in the same manner as other commercial products” (Acain).
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
As of today, there are over 460,000 NCAA student-athletes that compete in 24 different sports while in college throughout the United States (NCAA). Over the past couple decades, the argument for paying these college athletes has gained steam and is a hot topic in the sports community. However, paying these college athletes is not feasible because most universities do not generate enough revenue to provide them with a salary and some even lose money from the sports programs. These collegiate student-athletes are amateurs and paying them would ruin the meaning of college athletics. Also, playing college sports is a choice and a privilege with no mention or guarantee of a salary besides a full-ride scholarship. Although some argue that