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Originally Posted by freddyg12
That's very debatable. Most economists that have researched Div. 1 college athletics conclude that most schools don't make a profit off football & basketball. The consistently successful schools do, but for every one of them there are 10-20 schools that invested millions in capital improvements such as stadiums & they're still waiting to get out of the red.
In addition, revenue generating sports pay for non-revenue sports & title 9 requires schools to fund women's sports equitably, most if not all of which don't generate revenue.
The system is defnitely flawed, but paying the kids, even a small stipend, would really be an ethical challenge & regulatory nightmare IMO. How would such a stipend be regulated? One of the problems w/college athletics is each school tries to keep up w/the jones.' It's not enough to have a huge state of the art stadium, big programs have indoor practice facilities, new gyms & a/v equipment, etc. I can imagine how some schools would find a way to circumvent ncaa rules to pay players more than what their stipend allowed.
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then Why doesn't the NCAA move to a revenue sharing program similar to what the MLB does. If you look at the MLB the Yanks give away 25+% of their yearly income back to the revenue sharing program. Why Not tax it like that and give a check to every student athlete with over a 3.0 gpa and make em sign a contract to where they don't have to pay it back if they graduate and they do if they don't . All the scholar-ship student athletes would need is like 7500 a semester. which im sure The Ohio State could foot for every student-athlete in the entire NCAA by their lonesome. Just My opinion.