“The NCAA’s best argument for why it gets to make $1 billion every year to put on a basketball tournament starring unpaid basketball players is that it only keeps $100 million for itself. That’s a freakin’ awful argument.”
The pretty much sums it up, doesn’t it? There’s a billion dollars being paid for the rights to broadcast the NCAA basketball tournament, and this article shows how most of it doesn’t ever make it back to the benefit of all student athletes, let alone the ones out there putting on the show that brings in the money.
The NCAA’s new March Madness TV deal will make them a billion dollars a year – SBNation.com
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