College Sports: Show Me The Money
Podcast: The Pie: An Economics PodcastPublished On: Thu May 20 2021
Description: Division I schools make billions off athletic programs, with close to two-thirds coming from men’s basketball and football alone. Economist Matt Matt Notowidigdo has calculated that due to NCAA restrictions, only 7% of those revenues are paid to student athletes, with important distributional consequences. He joins this week with sports attorney Michael McCann to discuss the economic dynamics, who benefits most, and what is at stake in future court cases over this controversial issue.
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