Nine hundred eighty-nine million dollars. That is the amount of money the NCAA (National Collegiate Athletic Association) made in the fiscal year 2014.
Despite the whopping amount of money the association brings in, NONE of the collegiate athletes themselves get a single penny. Collegiate athletes deserve to be paid.
Although some players are good enough to play professionally after college, they believe they deserve to be paid while in college.
“The Fab Five” or the 1991-92 Michigan Men’s Basketball team were the first athletes to make complaints of the lack of pay. The team had 4 of their 5 starters later play in the NBA (National Basketball Association).
The remarkable performances of the squad brought in plenty of revenue for the NCAA and the University of Michigan, which did not sit well with the young stars.
Money from media rights, ticket sales, and merchandise are the main sources of income as well as a few others.
They felt that they shouldn’t struggle to find enough money to afford a meal when everything they wear was being sold for millions of dollars.
Even the black socks the team would wear began to fly off the shelves for Nike, but the players, of course, received no money.
This debate still roars on today. With the best college basketball players attending college for only one year so that they can enter the NBA draft the following year to begin making a living for their talent.
Collegiate athletes deserve to be paid for everything they do for their universities and for the NCAA.