Pay the Man? In today’s society sports are becoming more integrated into society. Wither it be NBA players signing $70 million dollar contracts or NFL players misbehaving off the field. With this larger attention to sports numerous issues arise. One popular new conflict is whether or not college athletes should be receives payment . The media has turned this conflict into major headline news with professional athletes giving their opinions of the matter and analysts giving their opinions, all of which doesn’t seem to assist in understanding the matter. Initial gut reactions and intuitions upon first hearing wither or not college athletes should be paid is that maybe they should. As large as the NCAA is and the sums of money that surrounds
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Starting analysis for this claim is that the Texas Longhorns had $165,691,486 in total revenue and $146,807,585 in total expenses in 2012 for their athletic program. Business Insider broke down the total revenue isolating just the football revenue which was roughly $104.5 million dollars and calculated the Fair Market Value . According to Cork Gaines, each Texas Longhorn football player is worth $578,000 and is only receiving about $36,750 dollars per athlete; a disparity of $541,249. Another point in contention of the claim that colleges can support paying student athletes is evidence of the revenue of March Madness in college basketball. As calculated by Chris Smith a school earned $1.9 million from just one game alone, meaning a trip to the final four was worth $9.4 million dollars. Athletes who play at the level of this high are among the best college players in the nation, most of whom could possibly play in the NBA if allowed by the NBA. The money that these players generate goes only directly to the school rather than to the player; as the industry indicates …show more content…
The negation claim is that colleges don’t in fact have the funds to pay student athletes. According to USA Today only 23 out of 238 division one schools don’t receive subsidies from the state. Simply put, colleges need money to help support the program from the tax payers to increase any budget to support the ability of players. Many colleges are facing budget concerns and have been turning to athletics to help bring revenue to the college. This helps the school picture and to compensate that need the college does. These benefits include scholarship for study, stipends for housing and food, access to top quality professionals for training and medical maintenance. Some of these benefits could cost upwards of $2,000- $3,000 a week. A large sum just for training not including everything else that is required being able to sustain yourself for such a high level of
Starting analysis for this claim is that the Texas Longhorns had $165,691,486 in total revenue and $146,807,585 in total expenses in 2012 for their athletic program. Business Insider broke down the total revenue isolating just the football revenue which was roughly $104.5 million dollars and calculated the Fair Market Value . According to Cork Gaines, each Texas Longhorn football player is worth $578,000 and is only receiving about $36,750 dollars per athlete; a disparity of $541,249. Another point in contention of the claim that colleges can support paying student athletes is evidence of the revenue of March Madness in college basketball. As calculated by Chris Smith a school earned $1.9 million from just one game alone, meaning a trip to the final four was worth $9.4 million dollars. Athletes who play at the level of this high are among the best college players in the nation, most of whom could possibly play in the NBA if allowed by the NBA. The money that these players generate goes only directly to the school rather than to the player; as the industry indicates …show more content…
The negation claim is that colleges don’t in fact have the funds to pay student athletes. According to USA Today only 23 out of 238 division one schools don’t receive subsidies from the state. Simply put, colleges need money to help support the program from the tax payers to increase any budget to support the ability of players. Many colleges are facing budget concerns and have been turning to athletics to help bring revenue to the college. This helps the school picture and to compensate that need the college does. These benefits include scholarship for study, stipends for housing and food, access to top quality professionals for training and medical maintenance. Some of these benefits could cost upwards of $2,000- $3,000 a week. A large sum just for training not including everything else that is required being able to sustain yourself for such a high level of