The NCAA is a multibillion-dollar organization. While they have different ways of making money, the majority of their income is college sports. They are making hundreds of millions of dollars off of their athletes.
If we know anything about college, it is that many students are broke. This is no exception for athletes. The NCAA regulations state that if any gift is received by a player and the value of that gift exceeds $100, that student shall remain ineligible until the value of the said gift is repaid to a charity of the student’s choice. Not only is the NCAA not reimbursing their athletes for their efforts, but they are also limiting how much they can receive from third parties.
I understand the NCAA’s concerns about bribing, but this is just too much. The NCAA made $867 million in 2019 alone, and you are telling me that they aren’t compensating the players, the entire reason they have the money in the first place. The average college football player is worth $137,000 and the average college basketball player is worth $289,000 to the NCAA. For all that they should at least be paid half of that number. College athletes should be paid.