Professional athletes such as basketball, football and baseball players earn millions of dollars because of their skills and the risks they are exposed to playing for their teams. This is why the question of whether college athletes need to be compensated by their schools or not has been around for years now. Proponents say that these athletes are also at risks for injuries and the same time, schools profit from these games. There are also skeptics that express their concern on the negative effect this can have on these players. Let us discuss some of the benefits and setbacks attributed to this issue:
List of Advantages of Paying College Athletes
1. Financial Support
One of the challenges of getting college education is applying for students loans. If athletes playing for their schools will be getting compensated for being part of the athletic teams, this can be a big help for students with financial struggles. With the pay they can get, they do not have to borrow that big amount of money to get through school.
2. Student Motivation
Another benefit offered by compensating college athletes is the motivation it gives to students to be physically fit and competitive so they can be part of the sports teams like basketball, wrestling, football and baseball. Not only will they be inspired to be engage into physical activities, they will also be motivated to study well since athletes need to perform academically as well.
3. Balance in Profit
College athletic teams bring profits to schools with the endorsements, advertisements and support they get. The financial support the schools gets go to scholarships to students, among others. If college athletes will be given compensation, the profits will be equally distributed between the schools and the athletes and not just be enjoyed by exclusive parties, such as the universities.
List of Disadvantages Paying College Athletes
1. Budget Concerns
Schools use the earnings they get from sponsorships and advertisements are used not only to fund college teams but also in other projects for the schools such as reinvestments and other allocations. If college athletes will be paid, there will a big dent on the finances of universities and colleges. Worse, there can be budget problems to be faced in the future.
2. Possible Conflicts
Another setback of paying athletes who play for collegiate sports is the possibility of students raising issues on equality when it comes to compensation. An example is the probability of a litigation a school can face if a group of student athletes will sue the school for giving more compensation to selective groups of athletes.
3. Affects Small Colleges
Schools support their collegiate teams and this entails expenses. If a school is small and does not have the budget a bigger school has, the teams from the smaller school might have a harder time to train due to lack of facilities and financial support. If athletes will be paid, the money that is supposed to be used for trainings will be more limited.
Paying college athletes is favorable and is a good incentive but it can also bring more challenges, especially for schools with limited resources. If the government can think of another way to make this possible, then this can be worth looking into.
Crystal Lombardo has been a staff writer for Future of Working for five years. She is a proud veteran and mother. If you have any questions about the content of this blog post, then please send our editor-in-chief a message here.