“Show me the money! ” The NCAA began with very honest intentions and many people believe. According to the NCAA official webpage, it’s core purpose is “To govern competition in a fair, safe, equitable, and sportsmanlike manner, and to integrate intercollegiate athletics into higher education so that the educational experience of the student athlete is paramount”. Many have questioned whether it is wise to compensate collegiate athletes with scholarships, due to questions about the validity of their awards and speculation over athletes receiving improper benefits.
The argument against paying players is that they receive scholarships, often valued at tens of thousands of dollars, plus stipends, which are more than their free market value is worth. Or that paying certain players would take away most schools’ abilities to compete with universities that may have greater funds to propel their programs into elite programs. When the truth of the matter is actually the opposite, the majority of colligate athletes are not on “full rides” nor or are they even close to a full ride.
Contrary to the stereotypes of laying college football, interviews on media days this year, paint a much bleaker picture in the life as a player when you don’t accept illicit benefits or have a family that can send extra money when the stipend runs out. According to the NCAA, there are over half a million-student athletes in the NCAA with the average scholarship being around 11,000 dollars.
If schools were to stop providing athletic scholarships, not only would schools across the country lose millions in revenue and the base for professional sports would completely lost, leaving the thousands of athletes relying n said scholarships would be left with nothing but a bill. The work that goes behind attaining an athletic scholarship cannot be measured in dollars. Many of these athletes work throughout their entire youth in hopes of one day competing at the next level. This is labor that goes unnoticed to typically everyone but the athlete.
When athletes finally reach the collegiate level, some will be rewarded with a scholarship that is exactly what they hoped for, but the majority will see only but a portion of what they had hoped. During the day, these guys have to go to class, go to practice, do hours of homework, and attempt to get a proper amount of rest so they can get up and do it all over again the next day. The need for these scholarships cannot be stressed enough. Many are looking for a way out while the rest are trying to make something of themselves.
Scholarships are rare to come by as it is, according to the NCAA, most coaches divide scholarship money up amongst several players. The only guaranteed full scholarships are for Dl basketball and Dl football. Each rogram is fully funded and offers the maximum amount of scholarships allowed by the NCAA, 13 percent for men’s hoops, 85 percent for football, and 15 percent for women’s hoops. Every other sport and team divides money up to many players and no other team or program is guaranteed to be fully funded.
For athletes, sports is a second Job on top of the already difficult Job of academics and this is only possible tnrougn tnelr scnolarsnlps. I ne removal 0T tnese would result In tne struggllng student athletes’ collapse, as well as financial burdens all around. A point that many do not seem to realize is that collegiate sports is a business that is tailored to run at maximum efficiency with the minimal pay. Schools do pay a small price bringing in the athletes to their campus, but the benefit is well worth it.
Hundreds of millions of dollars in revenue are created each year thanks to college sports, whether it be through broadcasting deals, ticket sales, and appeal. According to Forbes, the top 20 football programs in the nation last year all profited at least 24 million dollars. Texas, Notre Dame, Michigan, LSU ‘s football programs are worth over 100 million dollars each according to Forbes, value that is built with the blood sweat and tears of students athletes.
According to the NCAA its revenue in 2012 was 871 million dollars, that is an incredible amount for a collegiate association. This money is distributed into a number of different ventures, which include their academic enrichment fund, conference grants, grants in aid, a student assistance fund, and lets not forget their administrative staff salaries. Just for thought, college coaches are ot exactly struggling to make ends meet. Six years ago, 42 major college football coaches made at least $1 million. Today, 42 make at least $2 million.
The average annual salary for head coaches at major colleges is $1. 64 million, up nearly 12% over last season ??” and more than 70% since 2006, according to USA Today. These mounts of money are amounts that the athletes do not see because they are already being compensated through their scholarships, a scholarship which can be revoked at any minute of their career. The paying of college athletes is frowned upon because many eel a free education should be enough when most of the players receive only a fraction of their tuition by scholarship.
Schools need to keep all scholarships intact in order to preserve the integrity of college sports and to differentiate themselves from the pros. You get what you give and in this case, athletic scholarships are worth the investment that schools put into them. As time passes, the athleticism of student athletes everywhere only seem to reach levels that have never before been seen. With this comes not only a higher interest in collegiate sports but higher need for cholarships.
As the profitability of NCAA increases, schools everywhere will look to attract the best athletes they can to their programs and the only way to accomplish this is through incentive. Sufficient scholarships are required for students to attract students to school, but the scholarships themselves need to be of required amounts, meaning a school needs sufficient amounts of a variety of scholarships in order to sustain their programs. A “full” athletic scholarship covers the following costs of college: tuition, certain course-related fees, room and board, and the value or rovision of books.
An athletic scholarship may not cover all student fees, and also may not cover things like parking fines, a single room in the dorm, library fines or late fees. A scholarship is more than simply a form of payment. It is more than a debt to the institution. It’s what’s keeping athletes in school, it what’s preserving hope for the high school student with dreams of making it, scholarships are keeping collegiate sports not only alive but they are providing anybody associated with them a chance to thrive.