Chart shows the simple reason why college athletes should be paid
In 2014, the ten schools that made the most money in college sports averaged $144.8 million in athletics revenue, $132.5 million more than the average those schools spent on scholarships, $12.4 million.
While there has always been a gap between what the top schools made and what they were giving to the athletes in terms of scholarships, that gap today is obscene and it is growing at a breakneck speed. Just ten years ago, the gap between the two figures for these ten schools was just $63.2 million.
Nobody is forcing the schools to make this much money. But if they are going to take the money, they should share a little more with those who are actually doing the work.
Cork Gaines/Business Insider
Values in the chart represent the average athletic department revenue and scholarship expenses reported by the ten schools that made the most money in 2014. Those schools are Oregon, Texas, Michigan, Alabama, Ohio State, Louisiana State, Oklahoma, Wisconsin, Florida, and Texas A&M.
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- Colon cancer rates are rising in young people. If you have two symptoms you should get a colonoscopy, a GI oncologist says.
- Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.
- Catan adds climate change to the latest edition of the world-famous board game
- Tired of blatant misinformation in the media? This video game can help you and your family fight fake news!
- Tired of blatant misinformation in the media? This video game can help you and your family fight fake news!
- JNK India IPO allotment – How to check allotment, GMP, listing date and more
- Indian Army unveils selfie point at Hombotingla Pass ahead of 25th anniversary of Kargil Vijay Diwas
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market