Because of the athletic abilities of student-athletes in multiple divisions of the play, the NCCA earns more than 1 dollar billion per year. Dozens of sports provide opportunities for teens to earn the scholarship. So that they can pursue a degree while they play. But critics of this system say that is not early enough compensation to what could go wrong.
Moreover, college coaches are usually one of the highest-paid state employees as well. On the other hand, basketball and gridiron football coaches earned salaries of more than $3 million per year and that means their wages are sometimes higher than their professional counterparts.
Then it may qualify for financial bonuses from a variety of institutions. Since they earned it with their performance should student-athletes receive a portion of that. Zion Williamson had one of his shoes explode on him while playing basketball on February 20, 2019.
The consensus best college athlete for the season future no 1 NBA draft pick suffered a sprained knee and if he were to step again onto the court then he would be placing his future at risk.
While the college and apparel company sponsoring the program stood to bring in millions of dollars of profit because of the exposure.
There are several pros and cons to consider when looking at the idea of paying athletes a stipend that goes beyond what they receive with their scholarships.
Read More: Why Should College Athletes Get Paid?
Pros of Paying Athletes
First of all, let’s have a look at the most cited pros of paying athletes and these are as follows:
1) Might Be Willing To Pay Their School Longer
On the other hand, while many of them returning to school to finish their education afterward and if you play basketball then there is a 1-year requirement to be involved with the NCCA.
Moreover, ensuring that student-athletes earn a paycheck can reduce the financial burden. There also exist some families who would face when sending their child to college which means that it would become worthwhile to stay for education before going to cons.
2) Lower The Financial Burden of Tuition
Since all student-athletes will likely earn a paycheck for their activities. On the other hand, walk-ons could earn an opportunity to reduce the financial impact of their tuition, room, and board. If you were willing to take up sports and make a team, that means the cost of going to college will go down.
Students would gravitate towards the programs that offer them the most money or additional playing time. It also means that there is a surge in facility upgrades throughout all of the NCAA divisions.
3) Help to Reduce Corruption in College Athletes
The NCAA has a complete list of guidelines for institutions and coaches to follow to make sure that there is no corruption in the sport.
Because of the recruitment behaviors every year there are still a handful of programs that go through the investigative process and some schools already pay cash bonuses to ensure the best high school athletes are willing to come to play on scholarship for them instead of them at a rival school.
4) Play Sports Will Offer Another Incentive
Most student-athletes will graduate with a degree and pursue a job in their chosen field and even those who do make it to the professional league will usually find work.
The fund that they receive from practicing and playing would help to cover costs that a scholarship does not touch. It also provides support for an off-campus residence and keeps players involved in the system.
Moreover, it is also not unusual to see teens decide to retire from the game they love. The main reason behind this is that their future earning potential comes from their education instead of their athletic ability.
5) Eliminate the Need for Additional Employment
But they don’t pay every expense that a student might have and scholarships might pay for books, tuition, and other common costs of going to college. So that they have spending money to use and it is not unusual for athletes to find a job outside of their sport and classrooms schedule.
They are forced to pay their way while also participating in their sport as a walk-on and some students don’t qualify for a scholarship. This process allows them to earn one in the future. But paying for the service would allow them to concentrate on their studies and athletics without as many distractions.
Cons of paying athletes
Now it’s time to switch towards the cons of paying athletes and these are as follows:
1) Creates a Bidding War for Athletes Each Year
The current cap on student-athlete pay is about $0 and if the payment were allowable in the future without a cap then there would be a bidding power among top institutions for best players coming out of high school each year.
This process would be challenging to control. It is because those bigger universities could always outbid the smarter colleges that play in the same division.
2) Students are Given a Comprehensive Payment
Student-athletes might not get cash payments for their efforts at this time. It is also noticed that they do receive financial compensation in other ways, basketball and football players might pay a coach up to $3000 per week to receive professional advice. It also strength training, fitness coordination, health support from trainers and therapists in the days leading up to professional evaluation.
Some students receive up to $125, 000 in total compensation at some private universities and that’s because everything is provided to them for free when they are on scholarship.
3) Gain Publicity through Television Contracts and Other Forms of Exposure
The best college athletes might want to receive payment for their services. But they also gain a lot of valuable publicity for their performance on pitch, field, or court when playing.
It is much easier for a professional team to evaluate the talent of the athlete. Especially, when there is a film available that covers the entirety of their college career. If they turn pro some students don’t receive a portion of student-athlete salary.
Listed above are the pros and cons of paying athletes.