By Harvey Hoffman
If football and men’s basketball players at Power 5 colleges were paid under collective bargaining agreements like their professional peers in the NFL and NBA, they would earn annual salaries of $360,000 and $500,000, respectively.
That’s according to a new study released by the National Bureau of Economic Research, which also estimates that high-profile athletes like quarterbacks ($2.4 million per year on average) and every starting player on a basketball team (between $800,000 and $1.2 million per year) would earn significantly more.
The study finds that college athletics’ amateurism rules create a system that transfers money away from poorer, largely Black students to wealthier, mostly white students, coaches and administrators.
Less than 7% of the revenue generated by football and men’s basketball at FBS schools is paid to its athletes in the form of scholarships and stipends for living expense