What does the NCAA do with all of this money? You might ask. Well, after paying employees, fees, finances, and for the tournaments they put on, they are left with a substantial amount that they distribute to the colleges that participated in March Madness.
When you tune into any even hosted by the NCAA, you are watching a student athlete play with passion and integrity. However, what does the player get in return for your attention and the years of hard work they have put into their sport or activity? Nothing.
Well, you can simply argue that players are receiving a free education! But when you do the math, an in-state education at a state university really only costs the college a few thousand dollars a year per student. Now, that is a lot of money and I understand it is a sacrifice for many to pay that, but compared to the amount that the companies and men who profit off of the student's athletic abilities while they receive absolutely nothing is atrocious. I think that student athletes should receive some sort of payment for the amount of time and hard work they put into their activity.
What do you think? Should players get any payment for working as hard as they do? Or should they simply receive the scholarship? Or take a completely different view and say that players should do all of this for free?
http://www.npr.org/2013/03/17/174542935/show-me-the-money-in-march-madness