By Ann Brown
A new study of the economics of college sports shows that affluent white students are profiting from the labor of poor Black students.
The study from the National Bureau of Economic Research looked at revenue data from 2006 to 2019 for all 65 athletic departments in the Power Five conferences, home to the NCAA’s top Division I men’s football and basketball program.
The research found that the money generated by football and basketball programs dominated by Black players pays for the salaries of coaches and administrators. It is also used to upgrade facilities the teams use, and finances non-revenue sports played mostly by affluent white student-athletes, CNN reported.
“In any other setting, your key input as a business would receive wages that look like the benefit that they provide to the business,” said Craig Garthwaite, lead author of the study. “But here the players are artificially constrained from being able to do that.”
Key findings from the study included disparities between Black and white student-athletes, socioeconomic status, spending on coaches’ salaries, Click here to read entire article