Last week I reflected on how the NCAA would successfully integrate paying student-athletes, this week I will discuss the benefits in doing so. Â Student-athletes commit to a school for a couple of reasons: 1. Financial aid package 2. Strength of the program and 3. the programs offered for degrees.
To first dive into this, I want to look at the financial package. Â This is the assumption that student athletes will begin to be paid evenly, but also have their scholarship agreements to remain the same. Â The benefit to doing this, is that when star athletes commit to a program, it will generate revenue for that school and program as well. Â This will be done through ticket sales, merchandise, etc. Â But also, this can often times attract other star student athletes who want to play alongside this person. Â Knowing that with the agreement of having to play for the next 4 years at school, programs can turn into ‘dynasties’ if built correctly.
The second benefit that I see coming from this is that for each respective program, they can remain competitive for a long time. Â By increasing competition amongst the conference and across the entire NCAA, it is bound to increase viewership, interest and support of that particular school. Â When you are competitive in a college sport setting, it feels as though the entire campus is behind you, which is an unbelievable feeling to have.
Finally, the last benefit I look at and the most important in my eyes is that these student athletes being paid and sticking in school for the duration of their four years, they finish with a degree. Â Something that is often very overlooked is that athletes finish their four years of competition, but some do not finish their degree. Â According to the NCAA, 88% of student-athletes do graduate with degrees but this doesn’t account those who leave early to go professional. Â Additionally, 12% is still an extreme number of students who are unable to finish their program.
By deciding to pay student-athletes, the trickle effect begins and this will allow for the betterment of the students moving forward. Â When student-athletes feel comfortable, safe and taken care of in the institution they attend, it will also increase the betterment of the college or university program.
A video that looks into this and makes comedic irony of the NCAA is listed below:
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