Monday, April 27, 2015

Visual





I think that this graph is a great representation of the flow of revenue that is really going on in the NCAA.  Labelled "All teamwork and no pay," this graph shows the amount of money in billions of dollars that the entire NCAA, NFL, and NBA made in 2012-2013.  The entire NCAA (including all sports) made over $10 billion in revenue, the NFL made about $9 billion, while the NBA generated over $4 billion.  Of the $10 billion that the NCAA made that year, not one dollar was seen by the players.  In contrast to the NFL and NBA where players made almost $4 billion and $2 billion respectively.  The NCAA is currently one of the largest organizations that is making an outrageous amount of money while having to distribute none of it to their players.  Almost half of the revenue made by the NFL and NBA goes right to the salaries of players, the ones that are responsible for making the sport possible.  If these players are making so much for playing these sports, then why aren't our college athletes getting compensated for doing the same thing and bringing in more revenue?  The NCAA right now has a monopoly over its athletes, its ability to price-fix is due to the amateur status of players.  This graph shows just how corrupt the system is and how this idea of amateurism is essentially conning college athletes out of billions.  The NCAA only cares about the potential for profits and in turn is taking advantage of players in order to achieve this goal.  A change is needed in order to end this corruption and start to have college athletes valued fairly and earn appropriate compensation for their participation in sports programs.  

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