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How March Madness Athletes Fund 'Country Club' Sports - Fortune
How March Madness Athletes Fund 'Country Club' Sports - Fortune
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The Kansas Jayhawks celebrate a 12th consecutive Big 12 Conference title with a 67-58 win against Texas Tech on
Saturday, Feb. 27, 2016, at Allen Fieldhouse in Lawrence, Kan.Photograph by Rich Sugg Kansas City Star TNS via
Getty Images
March Madness
The financial contributions of star NCAA basketball players to universities are welldocumented. According to a recent report from the National College Players Association, the
fair market value of a Louisville basketball player in the 2011-2012 season was more than $1.6
million. Syracuse, Duke, and UNC players were all worth nearly $1 million each.
But these lucrative players contribute much more than just to the bottom line. Its common
belief in many athletic circles that, if it werent for revenue-generating sports like basketball,
others like swimming, lacrosse, and tennis, wouldnt be funded. Colleges dole out scholarship
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money fairly between sports to give these amateur athletesthe ones who major in
something other than their sport, as the NCAA commercial proudly statesan education.
But if this is true, it brings up another inequity. Students from lower socioeconomic standing
often fill out rosters on basketball teams. In practice, less-privileged athletes are supporting
the scholarships of students who play country club sports that favor athletes who come from
affluent families. In the debate about fairness in sport, it gives athletes of Olympic sports very
little ground to stand on.
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than 80% were white. In lacrosse, 85% of players on the teams, on average, are white. In golf,
71% were white while only 3% were black. Meanwhile, in basketball, only a quarter of the male
players are white.
Now consider the average median income per race in the US. African American households,
according to the most recent US census data, make around $35,000 a year, about 35% less
than the average white household.
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When looking at research that shows the socioeconomic breakdown in youth sports, this
disparity becomes more drastic. For example, 56% of athletes that play lacrosse come from
families that make more than $100,000 a year, according to the Aspen Institute. Only about
4% of the athletes in the sport come from families below the poverty line.
The most affluent category accounts for 43% of the athletes in swimming. About 8% of the
athletes who swim are from families that live below the poverty line. In basketball, however,
16% of the athletes who play the sport come from families below the poverty line. Only about a
quarter of the young athletes who play the game are from families who make more than
$100,000 a year.
Now lets go back to the example of the Louisville players, for illustrative purposes. If one
player is worth $1.6 million to the university, and the cost of tuition at the school is roughly
$31,000, a single star basketball player could fund the scholarships of nearly the entire
lacrosse team at the average NCAA Division 1 school. Meanwhile only 6% of those lacrosse
athletes should be receiving need-based grants, according to financial aid statistics released by
the National Center for Education Statistics, if the Aspen Institute household incomes data
hold steady through college.
If fairness were a concern, scholarships of sports like swimming and lacrosse should
disappear. The trouble with fixing this disparity is two-fold, says Southall. First,
disproportionately across athletes, their grant is greater than their market value. So if an
athlete plays tennis, for example, "you are going to be quiet because it is a good deal."
Parents dont help. "Parents love to talk about their child who is a division 1 scholarship as
opposed to be a walk-on," he says.
Second, players of the revenue generating sports have a hard time speaking out against their
program. "They say to themselves I better stay quiet and the program will take care of me,"
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Southall says.
But there is another misnomer, according to Ramogi Huma, president of the National College
Players Association. Does it take football and basketball to sustain sports? If so, how does
Division 2 and 3 exist? Its a myth that you need football and basketball to sustain other
sports, he says. Universities like to use this as an excuse to pit athletes against each other. But
at universities that have less athletic prominence, they give hired coaches a full schedule and
travel. In other words, people would probably swim anyway.
LaurenSilvaLaughlinisafreelancerforFortune.Shewasawardedafullscholarshiptothe
UniversityofNorthCarolinaatChapelHillforswimming.
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This article originally appeared on Uncubed. While your professional experience can say a lot about who
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Under Armour and Tom Brady Want to Help You Sleep Soundly
Under Armour wants you to get serious about your sleep. The Baltimore-based athletic gear maker, in
collaboration with Super Bowl-winning quarterback Tom Brady, has debuted the company's rst-ever
"athlete recovery sleepwear"gear priced between $80 to $100 with fabric that Under Armour claims
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Serena Williams
Reddit Co-Founder Alexis Ohanian and Tennis Superstar Serena Williams Are Engaged
Entrepreneur Alexis Ohanian and tennis superstar Serena Williams announced their engagement
Thursday through the popular social networking and news aggregation website Reddit, which Ohanian
co-founded in 2005. The announcement was posted to a subreddit (or topic-specic forum) that Serena
Williams created specically for the news, r/isaidyes, and featured an illustration of Ohanian and Williams
drawn in the style of the Reddit logo mascot, Snoo, with a large diamond between them. Ohanian and
current Reddit CEO Steve Huffman funded Reddit's early days with $12,000 from famous startup
incubator Y-Combinator. They advertised the site, in part, through ofine means like $500 worth of
stickers featuring Snoo, and emphasized the importance of community input in deciding how the site
should grow and evolve. That has led to the site becoming embroiled in many of the same conversations
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Reddit Co-Founder Alexis Ohanian and Tennis Superstar Serena Williams Are Engaged
Entrepreneur Alexis Ohanian and tennis superstar Serena Williams announced their engagement
Thursday through the popular social networking and news aggregation website Reddit, which Ohanian
co-founded in 2005. The announcement was posted to a subreddit (or topic-specic forum) that Serena
Williams created specically for the news, r/isaidyes, and featured an illustration of Ohanian and Williams
drawn in the style of the Reddit logo mascot, Snoo, with a large diamond between them. Ohanian and
current Reddit CEO Steve Huffman funded Reddit's early days with $12,000 from famous startup
incubator Y-Combinator. They advertised the site, in part, through ofine means like $500 worth of
stickers featuring Snoo, and emphasized the importance of community input in deciding how the site
should grow and evolve. That has led to the site becoming embroiled in many of the same conversations
about trolls and online harassment that have plagued Twitter.
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Brexit. Trump. Dilma. These are the words that dominated our conversations and social media feeds in
2016. Some media outlets called these storiesBritain's exit vote to leave the European Union; Donald
Trump's unexpected upset of Hillary Clinton in the U.S. presidential election; and the impeachment of
Brazil's rst female president, Dilma Rousseffpart of "a political earthquake" that rocked the world.
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5 Things to Know About the Future of Googles Self-Driving Car Company: Waymo
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5 Things to Know About the Future of Googles Self-Driving Car Company: Waymo
John Krafcik, the CEO of Waymothe Google self-driving project that recently spun out to become a
business under Alphabetmade it abundantly clear Sunday just how serious the company is about
bringing autonomous vehicles to market. A day before the North American International Auto Show
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kicked off in Detroit, Krafcik
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minivan. The company technically took the wraps off its autonomous minivans in December. But this is
the rst time Waymo is providing details about its business model, the technology inside the vehicle, and
its timeline for testing on public roads.
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engaged in cyber attacks affecting the U.S. presidential election and may take actions in response, his
incoming chief of staff said on Sunday. Reince Priebus said Trump believes Russia was behind the
intrusions into the Democratic Party organizations, though he did not clarify whether the president-elect
agreed that the hacks were directed by Russian President Vladimir Putin.
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