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Should College Athletes Be Paid?

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College sports these days are a huge money pit. The National Collegiate Athletic Association, or NCAA, makes millions of dollars off of student athletes every year. Should the NCAA start sharing the profits with these student athletes, which every year help grow the NCAA brand? It’s an important question that seems to come up every day on television, the internet, and even in the newspaper. Student athletes are going to college on scholarships, which are sold to them by coaches, scouts, and other school administration as a commitment to the student’s future. All they ask is for the student athlete to make a commitment to the school by signing a contract to attend, which is called the “letter of intent.” By signing that contract, the student makes a commitment to attend that school for at least a four year term. In return for their talent, shouldn’t the school make a better commitment to help keep the student athlete in school?
According to NCAA’s website, they made $912.8 million dollars during the 2012-2013 school year. The NCAA has television agreements, concessions, tickets, jersey and other merchandise sales, which are all driven from the fans who come to see the college athletes play the sports. These athletes are going to school on full-ride scholarships. The average athletic scholarship is about $10,400 a year (0’Shaughnessy, 2010), which will not cover the full year of out-of-state tuition. Most student athletes have no idea when they sign their letter of intent they

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