zpostcode
Do U.S. college athletes get paid?
Jan 8, 2025 11:04 PM

  Do U.S. college athletes get paid? Actions Share Share Share to social media Facebook X URL https://www.britannica.com/sports/Do-US-college-athletes-get-paid Share Share Share to social media Facebook X URL https://www.britannica.com/sports/Do-US-college-athletes-get-paid Written by Thad King Thad King was an editor at Encyclopædia Britannica for 15 years. Thad King Fact-checked by The Editors of Encyclopaedia Britannica Encyclopaedia Britannica's editors oversee subject areas in which they have extensive knowledge, whether from years of experience gained by working on that content or via study for an advanced degree. They write new content and verify and edit content received from contributors. The Editors of Encyclopaedia Britannica Last Updated: Jul 2, 2024 • Article History Table of Contents In the United States college athletics is a multibillion-dollar industry, with ticket sales, merchandise, and broadcast and streaming rights all being major revenue sources for universities. Of course, none of that money comes in without the athletes. But unlike professional athletes, who are often paid millions of dollars a year, student athletes traditionally have received scholarships providing them with a free or reduced-tuition education, but no direct compensation. That practice is likely to change, however, in the wake of an almost $2.8 billion settlement in May 2024 that could have schools paying their athletes as soon as 2025. The tradition ...(100 of 891 words)

  Access the full article Help support true facts by becoming a member. Subscribe today!

Comments
Welcome to zpostcode comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Recommend >
Battle of Arras
  Battle of Arras, British offensive carried out from April 9 to May 17, 1917, against the German defenses around the French city of Arras during World War I. It was noteworthy for the swift and spectacular gains made by the British in the opening phase—above all, the capture of Vimy Ridge, considered virtually impregnable, by the Canadian Corps—but it ended...
Spiritism
  Also called: Kardecism (Show more) French: Spiritisme (Show more) Portuguese and Spanish: Espiritismo, and Portuguese: Kardecismo (Show more) Spiritism, belief system founded by French author and educator Allan Kardec in the middle of the 19th century that is based on the idea that, alongside physical reality, a spirit world exists, which followers believe can be accessed through mediums. Spiritism maintains...
Double your money in 20 years with Series EE savings bonds
     Would you like an investment vehicle that is guaranteed to double in 20 years, that you can purchase for as little as $25, and that’s backed by the U.S. government so there is essentially no chance of default? Depending on current interest rates and your portfolio, you might want to look into purchasing Series EE savings bonds for yourself...
Sports betting terminology: Responsible wagering starts with education
     Legalized sports betting and the rise of sports betting apps make it easier than ever to bet on your favorite athletes and teams. But before you make any uninformed or regrettable wagers in this type of entertainment (yes; sports betting is a form of entertainment, not investing), you’ll want to understand the key terminology of sports betting.   Unless you’re...
Information Recommendation
Battle of the Falkland Islands
  On November 1, 1914, a powerful German fleet commanded by the famed admiralMaximilian von Spee destroyed a much smaller British force in a naval battle off Coronel, Chile, sinking two British cruisers and killing some 1,800 sailors of the Royal Navy, including the commander, Rear Admiral Christopher Cradock. Flush with victory in that first year of World War I, Spee...
Alex Honnold
  Born: August 17, 1985, Sacramento, California, U.S. (age 38) (Show more) Alex Honnold (born August 17, 1985, Sacramento, California, U.S.) is an American professional big-wall rock climber known for his daring free solo (climbing without the aid of ropes) ascents of some of the world’s tallest cliffs. He gained widespread fame in 2018 with the release of the documentary film...
An intro to sports betting: How to avoid decisions you might regret
     Life’s not exactly a game, but sports betting can make it more fun to support your favorite athletes and teams. Sports betting is increasingly popular, particularly among younger generations, and encompasses a wide range of bets on a wide variety of sports.   But no matter how savvy, experienced, or fanatical you are, just remember that sports betting is entertainment,...
Franchising as an investment: How does it work?
     Maybe you’ve got an entrepreneurial streak and a keen sense of the kind of business your local community needs. And perhaps you’re willing to spend the time, effort, and cash to get it started. Still, there may be gaps in your knowledge and resources that might prevent you from opening up shop, at least in a way that matches...
...
Umkhonto we Sizwe
  Xhosa, Zulu: “Spear of the Nation” (Show more) Date: December 16, 1961 - August 1990 (Show more) Areas Of Involvement: apartheid (Show more) Related People: Thenjiwe Mtintso Nelson Mandela Kgalema Motlanthe Chris Hani (Show more) Umkhonto we Sizwe (MK), was the paramilitary wing of the African National Congress (ANC) from 1961 until 1993. Founded by Nelson Mandela and others, Umkhonto...
Faron Young
     Faron YoungThe popular country singer Faron Young (1932–1996) at the height of his career. © Michael Ochs Archives/Getty Images.(more)Faron Young (born February 25, 1932, Shreveport, Louisiana, U.S.—died December 10, 1996, Nashville, Tennessee) was one of the most popular American country music performers of the 1950s, ’60s, and ’70s. An actor as well as a singer and composer, he was...
How T+1 settlement transforms securities transactions
     The financial markets have adopted T+1 settlement, reducing the number of days it takes to complete a trade to one business day (from two), effective May 28, 2024. T+1 settlement applies to stocks, bonds, municipal securities, exchange-traded funds (ETFs), some mutual funds, and any limited partnerships that trade on an exchange.   After a market order clears, some time is...