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  A new study released by the National Bureau of Economic Research found that less than 7% of the revenue generated by National Collegiate Athletic Association - more than $8 billion annually - finds its way to football and men's basketball players through scholarships and living stipends. "Intercollegiate amateur athletics in the U.S. largely bars student-athletes from sharing in any of the profits generated by their participation, which creates substantial economic rents for universities," the National Bureau of Economic Research study states. The top NCAA Division 1 schools earn approximately $8.5 billion in annual revenue, with 58% percent of that revenue coming directly from men's football and men's basketball programs. The two highest-paid football positions (starting quarterback and wide receiver) would earn $2.4 and $1.3 million, respectively, and starting basketball players would be paid between $800,000 and $1.2 million per year. - Forbes.com

(DS#1 QB) Jr/2022 QB Trevor LawrenceClemson
News Source: Forbes.com


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