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The Ethical and Financial Implications of Paying College Athletes
Gillespie, Emily
Gillespie, Emily
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2017
Additional date(s)
2017-05-19
Abstract
The debate on whether or not to pay college athletes has been and will continue to be argued for many years. College athletics impacts the lives of its athletes, the fans, and the communities surrounding the schools. College athletes' and traditional students' extracurricular activities differ greatly based on a variety of factors, such as the NCAA's rules and regulations. The significant hours and revenues generated by student athletes' extracurricular activities have created the discussion of compensation for student-athletes. There are many ethical arguments in the debate to pay student-athletes, such as the vast pay differences and benefits that coaches receive and the amount of money that universities generate from student-athletes' work. There is also a legal argument in compensating student-athletes based on whether or not a college athlete meets the legal definition of an employee of the university. After analyzing the different ethical and legal issues of the debate, I calculate a revenue- sharing option and a wage option for student-athletes compensation. In order to examine the likely impact that compensation would have at various levels of the NCAA, the schools I analyzed are Ohio State University, the University of Houston, and South Dakota State University, and the sports I used are football, men's and women's basketball, and volleyball. Based on my research, smaller schools' athletics departments would need to make significant changes to their budgets in order to compensate their athletes because their athletics department's net income is negative. There is still more work to be done discussing the ethical and financial implications of paying student-athletes and the impact it would have on the schools. More research should especially be done with different compensation options to discover the best solution to be implemented if student-athletes are ever to be granted compensation in the future.
Contents
Subject
college athlete
student-athlete
NCAA
student-athlete
NCAA
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Description
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Finance