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The Money Making Ponzi Scheme

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The Money Making Ponzi Scheme
Matt Cella

Dr. Forsyth

College Comp

April 21, 2017

The Money-Making Ponzi Scheme

According to the NCAA website, the NCAA has over 444,000 college student athletes. There are scholarships for some athletes but not all student-athletes receive scholarships. I myself am a scholarship football player here at Kutztown University, which means I receive a partial athletic scholarship for my athletic achievements in high school. There are many athletes around the world who do not receive scholarships, and those who do are not getting paid what they should be for the talents. Universities make millions of dollars off of student athletes, so why do we not get to see the money we bring to the school.

The argument could be made that student athletes
…show more content…
On average, you’re spending 4-6 hours a day on your sport, whether is meetings, practice, or required study hall. You're competing in games that generate millions of dollars and you're working your hardest every day. Would you not want to be paid as well? I myself, as a football player, am constantly working my body to perform the best I can on Saturdays. I receive a small scholarship compared to other schools to play football but I know the school is making money off me. It’s a lonely feeling not having money to go out and do things, or even get groceries despite the work I …show more content…
To me it doesn’t make sense why that athlete can’t just receive some sort of payoff for that. He was to walk by the school store seeing people wearing his jersey to games, parties, and other events knowing that the work he put in is just going on other people’s backs with no sort of compensation. Now I know the flip argument is “well his compensation is the scholarship he’s receiving” and although that’s a great point, I still believe that the millions of dollars that jersey may bring in to the university could still be given to the athlete. We’re not even talking that much, just a little something for him to go out and get something to eat.
One of the other problems the NCAA has with they’re athletes is that they don’t pay for their parents to come to their games, to me that is a huge problem, and I’m sure with division 1 athletes it’s even worse. Why should parents of College athletes have to pay for tickets and plane flights to go see their kids play? A lot of these kids come from poverty and not much opportunity, leaving their support system (parents) not being able to watch their kid play. If you’re a parent wouldn’t you love to see your kid play any chance you could because that could be the last 4 years you have to see them

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