Do you think the NCAA will be able to keep this business model up forever?
- Thread starter CrimsonTider
- Start date
I'm kidding around. Chillax.
I feel the NCAA needs to feed more of the profits made through television broadcasts to more scholarships to Div I basketball players. So, not every player is going to get a scholarship, but they are part of the team. The networks are making money, the schools are making money.
Idea: Every game a team plays in that is televised makes X of dollars. Some of that goes to the network and some of it goes to the conference and some of it goes to the school. I feel that some of that profit needs to be funnelled into an escrow account for each game that is televised. Then, that money is later disbursed among all the team's players to pay off tuition. Example, Kansas University plays Texas A&M. $10,000 is put into the escrow account for KU and $10,000 is put into the escrow account for Texas A&M. Let's say 12 KU games are televised through CBS and ESPN, so at the end of the regular season, the escrow account for KU is going to be $120,000. Let's say there are 12 players on KU. At the end of the regular season, each student/player is going to get $10,000 applied toward his tuition. So if he owes money, it will be cut down by $10,000 or if he already paid it, he'll get a refund. In reality, the amount each team would get would be different, and the amount in the escrow account would be different.
Furthermore, networks make a lot more money during March madness. So, you got good teams that will make it through the Final Four. They will have played in more televised games, so their escrow account is going to get bigger. Players on those winning teams, will get more disbursed to each player at the end of the post-season. It's not a scholarship, which will still exist, and it's not a contractual payment, which would make the players professionals and not amateurs, but it would be a tuition assistance program.