{"id":4868,"date":"2022-02-24T16:42:59","date_gmt":"2022-02-24T16:42:59","guid":{"rendered":"https:\/\/studysoup.com\/blog\/?p=4868"},"modified":"2022-02-24T16:42:59","modified_gmt":"2022-02-24T16:42:59","slug":"college-athletes-paid","status":"publish","type":"post","link":"https:\/\/newblog.studysoup.com\/?p=4868","title":{"rendered":"College Athletes Should Be Paid: Here’s How and Why"},"content":{"rendered":"\n
\"college<\/figure>\n\n\n\n

You might be one of the 62% of Americans<\/a> that think college athletes should be paid.
<\/p>\n\n\n\n

The surprising thing is that despite a big win for college athletes in 2021 to be paid<\/a>, the verdict is still out if college athletes should be paid directly from universities.
<\/p>\n\n\n\n

In this post, you’ll learn about how college athletes get paid now and if they will be paid by schools in the future..
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Let\u2019s dig in.
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Why Should Student-Athletes Get Paid?<\/h2>\n\n\n\n

There needs to be impactful, dynamic bylaw change within the association. Student-athletes deserve better compensation, in whatever form it may hold”<\/p>Maggie Mihaylova: Columnist of The Michigan Daily<\/cite><\/blockquote>\n\n\n\n

Since 1906 the NCAA prohibited student-athletes from any compensation<\/a> until recently. Now college athletes can get paid for name, image, and likeness opportunities, though still not directly from schools.
<\/p>\n\n\n\n

It might be easy to ask yourself, \u201cWhy should they get paid if they get scholarships\u201d, right?
<\/p>\n\n\n\n

That\u2019s a valid point, especially considering that the average cost of a public 4 year college is $23,480 for out of state students<\/a>. 
<\/p>\n\n\n\n

But of more than 480,000 college athletes nationwide, only 1%<\/a> get a full-ride scholarship (you\u2019d have a better chance of getting struck by lightning (10%).
<\/p>\n\n\n\n

And whether you\u2019re for or against it, it\u2019s no secret that there\u2019s money made in the process. To be exact, college sports programs make over $18 billion per year<\/a>.
<\/p>\n\n\n\n

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(source<\/a>)<\/figcaption><\/figure>\n\n\n\n

Here\u2019s are the top 3 reasons why you might think they should be paid:
<\/p>\n\n\n\n

1. They make money for schools and the NCAA<\/strong><\/h3>\n\n\n\n

You’d probably agree college athletes are the faces of universities and the NCAA. Without them, those unforgettable nail-biting game moments you might’ve experienced wouldn’t have existed and nor the billion dollars in revenue.
<\/p>\n\n\n\n

To put it into perspective just the Texas A&M Aggies (a top football team<\/a>) has a three-year average profit of $94 million<\/a>.<\/p>\n\n\n\n

So naturally, while some coaches are being paid up to $9.3 million<\/a>, the student-athletes wanted a piece of the pie.
<\/p>\n\n\n\n

2. Sports takes away from study and career opportunities.
<\/strong><\/h3>\n\n\n\n


<\/strong>Most college athletes dedicate more 40 hours per week on team activity. That\u2019s just like a full-time job cutting into their study time significantly. 
<\/p>\n\n\n\n

Above all, Fewer than 2%<\/a> of them go pro, meaning after college they enter a highly competitive job market. Let\u2019s not forget that some sports, like football, take a major toll on the body. <\/p>\n\n\n\n

 In short, California governor Gavin Newsom put it perfectly: <\/a><\/p>\n\n\n\n

\u201cColleges reap billions from these student athletes\u2019 sacrifices and success but, in the same breath, block them from earning a single dollar\u201d<\/p><\/blockquote>\n\n\n\n


<\/p>\n\n\n\n

3. Sports teams lift exposure and status of schools.<\/strong>
<\/h3>\n\n\n\n

Whenever you hear about a team that makes it to the final four, what does that mean for a school?
<\/p>\n\n\n\n

Other than more airtime on big sports channels, it\u2019s an opportunity to attract more academic and sports talent, donations, and revenue from apparel and ticket sales. 
<\/p>\n\n\n\n

Doug J. Chung, of Harvard University, found that schools with Cinderella football teams that make it to a playoff round consistently see a lift of 18.7%<\/a> in applications (the “Flutie Effect”). <\/p>\n\n\n\n

\"flutie<\/figure>\n\n\n\n

How They Can Get Paid Now<\/strong><\/h2>\n\n\n\n

As of July 1st, 2021<\/a>, student-athletes have had the opportunity to get paid with traditional endorsements, personal appearances and social media opportunities.
<\/p>\n\n\n\n

Some of the biggest earners<\/a> to date are University of Miami quarterback D’Eriq Kin ($20,000 contract with a moving company) and  Hercy Miller of Tennessee State University ($2 million contract with a tech company).
<\/p>\n\n\n\n

Through apparel, sponsorships, social media campaigns, and appearances some college athletes can bank in before going pro. But let\u2019s not forget that these are a small few that can make such lucrative deals.<\/p>\n\n\n\n


The StudySoup Sponsorship Program<\/strong><\/h3>\n\n\n\n


<\/strong>As of now, lots of well-deserving athletes have been left out of the mix. It\u2019s still early on and there\u2019s definitely more to come. 
<\/p>\n\n\n\n

If you\u2019re still in school now, you definitely know how 4 years pass in a flash. So for active student-athletes, it makes sense to be on the lookout for compensation opportunities.
<\/p>\n\n\n\n

On top of that, for intramural and club athletes- travel, food, and gear costs aren\u2019t covered by universities.
<\/p>\n\n\n\n

That\u2019s why StudySoup has just launched the sponsorship program for NCAA, intramural and club athletes. 
<\/p>\n\n\n\n

In addition, our sponsored teams have the opportunity to get compensated without cutting into study and practice time.
<\/p>\n\n\n\n

The UCSB Burning Skirts and the UCLA Smaug ultimate teams kicked off the program and are continually building towards their compensation goals to have a winning season.
<\/p>\n\n\n\n

How it works <\/strong><\/h3>\n\n\n\n

We know that student-athletes have commitments not only to school but personal life matters as well. That\u2019s why our program focuses on two things:
<\/p>\n\n\n\n

\u2022 Help teams reach their financial goals with sponsorship actions.<\/p>\n\n\n\n

\u2022 Help teams get the most exposure possible in as little time as possible.<\/p>\n\n\n\n

With those two goals in mind each team gets an upfront bonus just for signing up for the sponsorship program. <\/p>\n\n\n\n

\"\"
UCLA Smaug Team: Click here to support them<\/a> (each signup gives them compensation). (source<\/a>)<\/figcaption><\/figure>\n\n\n\n

After, each team has one job- Get as many students as possible to fill out a notetaker job application form<\/a> (takes 1 minute and free). Each time a team gets a signup, they get a commission from us with bonuses.<\/p>\n\n\n\n

\"womens
UCSB Burning Skirts: Click here to support them<\/a> (each signup gives them compensation).<\/figcaption><\/figure>\n\n\n\n

To get started, send us an e-mail (stephen@studysoup.com<\/a>) and we’ll:
<\/p>\n\n\n\n

1) Set up an initial introduction meeting with compensation details for your team.<\/p>\n\n\n\n

2) Review a custom made action-plan from our marketing team that takes teams minutes to implement.<\/p>\n\n\n\n

Conclusion: Will college athletes ever get paid by schools?<\/strong><\/h2>\n\n\n\n

At first sight, you might think the answer to that would be a “Hell yes!”. <\/p>\n\n\n\n

Aside from keeping all of the $18 billion yearly profit is better business for colleges than splitting it with athletes- You should consider the following:<\/p>\n\n\n\n

\u2022Should all colleges pay all athletes the same salary\/wage? What about D3 schools that may not make the same revenue as a top D1 school?<\/p>\n\n\n\n

\u2022Does Title XI still apply in paying women’s and men’s sports athletes equally? Could this create another layer of gender inequality<\/a>?

\u2022Would student-athletes compete for payment rather than purely competing?<\/p>\n\n\n\n

All of these and more have to be considered. It’s still uncertain what the future might hold, but one thing is for sure, the Fair Play Act means progress. <\/p>\n\n\n\n

\"textbooksurvivalguide\"<\/a><\/figure><\/div>\n","protected":false},"excerpt":{"rendered":"

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