Hacker News new | ask | show | jobs
by bretpiatt 1828 days ago
What's even worse with NCAA compensation is that it is limited to a scholarship and the value of that scholarship is tied to the cost of a given college or university. If an athlete is given a scholarship to an in-state public university their compensation might be $25,000 per year versus another student attending a higher cost private school who could be getting paid $75,000 per year effectively.

You then have the value of the different degrees to the market (which is separate from the cost) so it is very possible that certain student athletes are obtaining a degree worth hundreds of thousands of future dollars in the market versus some who get 4 years of room and board to play sports, make the university money, and then maybe they do not even end up with a degree by the time their eligibility expires (see data on student athlete graduation rates).

1 comments

And this is sidetracking the point that college-athletes being recruited with aspirations for professional sports view the college as a means to the pro-level job; college courses and the degree are not viewed as benefits but necessary side-effects. Is this true for all sports and all athletes? No, not for fencing or handball, but for football, basketball, and other potential high-earners.