Paying Collegiate Student Athletes : Football And Men 's Basketball Players
Senator Chambers later noted in his speech, many collegiate athletes come from low income backgrounds and athletics is their way out. One of the biggest reasons student athletes leave for the NBA or NFL before their eligibility expires is because they will be paid. By providing them with financial assistance, even if it is set aside in a trust fund, it may make a difference for student athletes who are on the fence about ending their education early.
Issues with the NCAA also arise when considering that in 2013, the NCAA’s management and general spending grew by 9% while the distribution to Division 1 members only grew by 4% (NCAA has net assets of $627 million, say records). As a result, member schools are added into the group of disgruntled individuals over the NCAA’s revenue and spending. It is also important to note that the basketball fund ($193,572,000, 39%, of the
NCAA’s revenue distribution) is distributed to Division I conferences based on the conferences’ performance in the NCAA tournament (2013-2014 Division I Revenue Distribution Plan). This causes 62% of the basketball fund to be distributed to only six conferences (American Athletic,
Atlantic Coast, Big 12, Big Ten, Pacific-12, Southeastern), all BCS universities, which leads to even less parity between Division I institutions. The best teams continue to get better and…