Where is the money going to come from? Most people seem to think that college athletic programs are big money makers. They aren’t. Despite the big revenue dollars associated with two sports — football and men’s basketball — 90 percent of Division I athletic programs, because of the much larger number of non-revenue sports, operate at a loss. They’re subsidized by the general fund of the university. Paying athletes would require additional dollars to be directed away from academic endeavors: hiring and paying professors, funding research, offering financial aid to non-athletes, etc. Title IX requires gender equity. You couldn’t just pay football players and men’s basketball players. Everyone would need to be paid equally in some sense, even in non-revenue sports. How much money are we talking about? Let’s say at a medium to large school, we have 500 to 1,000 student athletes and we’re going to pay… Read more →