NCAA Championship Game; 30 Second Ad Spot, 1.5 million.

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(ThyBlackMan.com) Athletes Just Get a Scholarship

Those who oppose the idea of the NCAA sharing it’s billions with the families of student athletes tend to cite the scholarship as a fair and primary form of compensation.  The problem for the NCAA is that it’s difficult to rake in more money than the NBA and NFL, yet give the families of your workers nothing to show for it.

Advertisers are paying big for the chance to showcase their brands during the big dance.  The cost of a 30-second ad for the championship game is speculated to run about $1.5 million, according to TRA Inc, a media analysis company.   The costs for ads during the opening rounds of the tournament NCAABasketball-FinalFourwere over $100,000 apiece, and clients will pay roughly $700,000 for 30-second ads during the national semi-finals.

So, if the average cost of a full-year scholarship is $50,000, the NCAA could pay for every single scholarship for both teams with the ad revenue from just one of the 20-plus ad slots that they plan to sell on the night of the big dance.  This doesn’t include the money being made from ticket sales, t-shirts, video games, and all the other cash cows that the NCAA has in place to fill the coffers of it’s coaches and administrators.

To put things into context, all of the coaches appearing in the Final Four are set to receive several hundred thousand dollars in bonuses for their accomplishments.  Simultaneously, I’m sure that the mother of Louisville’s Kevin Ware (who had a bone rip through his skin and may never play again) won’t receive anything for her family’s major financial and emotional loss.  All of the millions that this family had hoped to earn from Kevin Ware’s professional basketball career may disappear in (a literal and figurative) snap, even though he has already earned millions for his university on the court.

If this sounds like an equitable system to you, then I feel sorry for your ignorance.  The NCAA should be dismantled for violating both US anti-trust law and the labor rights of college athletes and their families.  This system is disgusting.

Staff Writer; Dr. Boyce Watkins 

Dr. Boyce Watkins is the founder of the Your Black World Coalition.  For more information, please visit http://BoyceWatkins.com.

 


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