The NCAA takes in roughly $700 million annually from CBS, Turner, and ESPN for the broadcast rights to March Madness—a sum that reportedly will jump to nearly $900 million per year from 2019 to 2024.
The Washington Post reports that the Pac-12 gave commissioner Larry Scott an interest-free, $1.86 million loan to buy a four-bedroom, four-bathroom, wine bar-equipped 4,600-square-foot home in 2009.
In the NFL and NBA—where football and basketball players are free to unionize and collectively bargain with their employers—athletes receive about half of total league revenues.
In 2011, the National College Players Association, a college athlete advocacy group, and Drexel University professor Ellen Staurowsky published a study estimating that if FBS football and basketball players received the same percentage of industry revenues as their professional counterparts, the average football player would be worth $121,048 per season, and that the average basketball player would be worth $265,027.
In 2012, a University of Pennsylvania study reported that the six-year graduation rate for black male college athletes in six major Division I conferences was 50.2 percent, less than comparable graduation rates for all students (72.8 percent), all college athletes (66.9 percent), and all African-American male students (55.5 percent).