The NCAA (National Collegiate Athletics Association) is a not-for profit organization, bringing in $912 million in revenue in 2015, nearly a billion dollars and has deals worth multi billion dollars with its broadcasting partners, Turner/CBS. These astronomical profits are what is leading some to call for collegiate athletes to be paid for their services for their collegiate teams in NCAA tournaments, the proponents of pay-for-play believe that players should be getting a piece of the pie as they are the main reason for why the NCAA is bringing in close to a billion dollars in revenue, most of it coming from broadcasting deals. The principle argument in favor of paying college athletes for representing …show more content…
The truth is that although the NCAA does earn approximately a billion dollars in revenue, most of that money returned to colleges as reinvestments, a big part of the money is to fund academic programs that players benefit from , the money also goes to pay for the athletes expenses as a college student. The NCAA also invests that money in their Basketball fund, giving money to colleges in grant-in aid and handing out that money to conferences. Each college gets financial grants for each sports program they have amounting in millions of dollars, money that is then used to finance the respective sports programs in a school, thus the enormous amounts of revenue the NCAA makes isn 't for its personal use, the money is reinvested back …show more content…
That would also mean that women 's sports would greatly suffer and may be cut out of colleges because the institutes may not see it to be as profitable as men 's basketball and football, which could subsequently cause legal troubles for the institutes as under current federal laws intercollegiate sports is seen as part of the education process, therefore stipulating institutes to grant the same opportunities to women as for men, so these issues would arise out of the idea of remunerating collegiate athletes. Aside from the possible issue there 's also the ethical question about turning academic institutes into business enterprises which would shift the primary objective of universities from teaching to making money off the endeavors such as intercollegiate athletics which wouldn 't make college any different from a professional sports league.
To further substantiate why college athletes should not be paid, collegiate athletes receive a full scholarship such as at many public state universities and private schools in the country (such as UT Austin, UCLA, NYU, OSU etc.) which covers tuition, books, room & board as well as