College Football Business Analysis

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Pages: 6

Professionals without Pay College is a place for learning, maturing and independence. One of the great things about the college experience is the sports, specifically football. College football is a multi-billion dollar industry that brings in loads of revenue (Duderstadt 129). From the television views, ticket sales, fan bases, sponsors, and donations, football is the most popular and well-funded sport in the nation. One example would be the powerhouse Alabama, Crimson Tide. They make a ridiculous amount of money from sold out games, food sales, sponsors, donations, plus the bonus that they receive from winning championships. Unfortunately not a single cent of the profits go to the players. The athletes that provide the entertainment deserve …show more content…
A chart from USA Today Sports showed the revenue of college football teams across America, showing that 231 teams made well over one million dollars individually, 212 of those teams made ten million dollars or more, and 24 of those teams made over one-hundred million dollars (Berkowitz). With all that money flowing through the colleges, there should be more than enough to distribute to the players, who are the money makers. The information was taken from the 2014-2015 season which mean that most likely there are currently over 231 teams that make at least one million dollars due to increasing popularity of college football. To prove how much college football has transformed over the years there is an excerpt from the book “Intercollegiate Athletics and the American University” which states, “Division I-A football programs reportedly averaged profits of $5 million in this year [, 1997]” (Duderstadt 126). The chart from USA today used schools from Division I-A and I-AA schools, which proves how much bigger the sport is becoming. College football is also making money in local communities. 1 In the economic journal, “The Impact of College Football Games on Local Sales Tax Revenue”, Dennis Coates and Craig …show more content…
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University of Texas football players’ fair market value was $513,922 but they lived $778 below the federal poverty line and had a $3,624 scholarship shortfall.
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(Huma 4) So not only do colleges make more than enough money to benefit players, they also take shortcuts with their scholarships. A salary would not be asking much, especially since players sacrifice their bodies and minds for the sport.
Every play, a football player is putting their body at risk for the entertainment of others and they get no salary in return. As fun and entertaining as football is, it is a dangerous sport. The sport consists of people running as fast as they can, to hit each other as hard as possible, and even with the padded protection and helmets, it does not prevent every injury. College players are susceptible to injuries as small as bumps and bruises, to extreme injuries like paralysis and possibly death, but by far the most common and worrisome injury that a football player can suffer from is a concussion. 4 In a study done on collegiate football players and the cumulative effects of concussions, it defines concussions as a type of traumatic brain injury triggered by a collision to the head