College sport is big business, and generates a tremendous amount of revenue. Should the player receive some share of that money?
Before I begin, let me issue a quick reminder: Not all college sports is big business. Some of it is, to be sure: Big-time college football, basketball, and the like. But college golf, tennis, swimming, and gymnastics don't generate much revenue, except perhaps at the most elite programs, and college sports don't generate much revenue at all at institutions like, say, MIT. So when I talk about college sports and "student athletes" below, I'm talking about only some college sports programs. So, that said, I used to be a huge fan of college basketball. (I went to Duke. Go figure.) Now I hardly watch at all, and the reason you mention is perhaps the most significant. The rules governing (that is, prohibiting) the compensation of "student athletes" were put in place many years ago to protect the interests of such students. For example, there was concern that a student might decide to go to school X rather than school Y, not because school X would better serve that student's long-term interests---which...
- Log in to post comments