Paying College Football Players Essay

665 WordsFeb 12, 20123 Pages
Paying College Football Players During this day in age, everything is about money and college sports are not different. College football is a billion dollar industry and everyone benefits except the athletes who are risking it all. With the millions of dollars in television deals, endorsements, advertisements, and schools benefits that everyone is benefiting from except the football players. What are the college players actually receiving? College football players need to be paid for putting their careers on the line one play at a time. College football is a billion dollar industry with big that is spread throughout the bigger conferences in college football. These conferences include South Eastern (SEC), BIG-12, Atlantic Coastal (ACC), BIG-10, PAC -10, Big East, and Notre Dame. The 68 teams from the major six conferences combined to make up a majority of the $1.1 billion in profit that college football generated in 2010, which was an increase by 11% for those same 68 schools from the year prior. (Isidore). These amounts are generated based on ticket sales, television deals and viewers, endorsements from companies, and apparel sales. The six major conferences in the college football are making millions in profits. The conferences are listed by rank for 2010 in the table below (Dept of Education): College Football Six Major Conference Revenue | School (By Profit Rank) | Revenue | Southeastern Conference (SEC) | $1 Billion | Big Ten | $905 Million | Big 12 | $831 Million | ACC | $721 Million | Pac-10 | $632 Million | Big East | $574 Million | These numbers indicate how successful these conferences are in college football. The numbers keep rising year to year with no slowing down due to economic crunches. The six conferences had more than 5% growth from 2009 in revenue with no signs of slowing down in the future.

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