NCAA and most schools are non-profit. The money they receive goes into the schools and programs of the NCAA. That is thousands of other scholarships besides football, including academic, and money for other sports that do not make a profit.
How many scholarships, sports programs, academic programs, or university resources would be lost without this money?
To say the NCAA is making "billions" is an outright lie.
To say that Football takes away from academics is an outright lie.
But would also be a lie to say to say that college athletes are properly compensated.
There are companies that are wrongly making money off these athletes.
There is no easy solution in this. The bylaws of the NCAA were draft before college sports became a billion dollar industry, to keep a fair and mostly uncorrupted system for recruiting, training, and playing of the sports. For the most part these bylaws have worked.
NCAA is making progress, transitioning from Bowl games to Playoffs in 2014, so sponsors have less influence on the picking of teams.
I believe in time they will start releasing more money to players than just scholarships, but it has to be done correctly.
Article:
http://www.ncaa.org/wps/wcm/connect/public/NCAA/Answers/Nine+points+to+consider_one
Article:
http://www.ncaa.org/wps/wcm/connect/public/ncaa/answers/eye+on+the+money
(Also check out the Financial Report, The NCAA publishes one every school year)
How many scholarships, sports programs, academic programs, or university resources would be lost without this money?
To say the NCAA is making "billions" is an outright lie.
To say that Football takes away from academics is an outright lie.
But would also be a lie to say to say that college athletes are properly compensated.
There are companies that are wrongly making money off these athletes.
There is no easy solution in this. The bylaws of the NCAA were draft before college sports became a billion dollar industry, to keep a fair and mostly uncorrupted system for recruiting, training, and playing of the sports. For the most part these bylaws have worked.
NCAA is making progress, transitioning from Bowl games to Playoffs in 2014, so sponsors have less influence on the picking of teams.
I believe in time they will start releasing more money to players than just scholarships, but it has to be done correctly.
Article:
http://www.ncaa.org/wps/wcm/connect/public/NCAA/Answers/Nine+points+to+consider_one
Article:
http://www.ncaa.org/wps/wcm/connect/public/ncaa/answers/eye+on+the+money
(Also check out the Financial Report, The NCAA publishes one every school year)