The debate of student-athlete pay is one that seemingly everyone has an opinion on. Most tend to believe players should earn some sort of stipend for the attention and revenue they bring to their respective universities, while others counter by saying a free education is enough compensation.
Is it really, though?
The folks at Business Insider recently calculated the Fair Market Value of college football players at the 20 most profitable programs in the nation. The data was collected from the Department of Education.
Using their formula –which used a 47 percent revenue split like the NFL’s most recent CBA — it was determined that the average player in the FBS is worth $163,869 per year.
If you are a college football player the University of Texas, your worth to the university is a whopping $671,173 per year. Yeah, the cost of an education doesn’t come close to that yearly profit.
Here is a look at the chart:
— Business Insider (@businessinsider) October 19, 2016
This just further confirms that universities could afford to pay student-athletes if they really wanted. But in the end, why would you split revenue when you don’t have to? Maybe one day it will change, but for now it’s the system in place.
Do you think student-athletes should be paid? Sound off in the comments section below.
Photo Credit: Texas Football/Twitter