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Economics of sport chapter 1 and 2 quizlet
The effects of a college education
The effects of a college education
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“No one blows through money faster than millionaires with nothing to do.” -Unknown. This is true regarding the experiences of millionaires, but is it true with professional sports players? With athletes not finishing college, they don’t get the opportunities they would if they received full education. Arguably, the most educated player in the MLB is Craig Breslow on the Boston Red Sox. He was accepted into medical school before becoming a professional athlete. He had a major in biophysics and biochemistry, which he earned at Yale University. He was asked the question, “Where would you be if you weren’t a professional athlete?” Breslow replied saying he would be graduating medical school or hopefully have already graduated. Professional athletes should finish college before going pro because it secures their future. It teaches the younger generation maturity and the value of knowledge.
Having athletes finish college before going pro secures their future, in case they are fired, permanently injured, or go into retirement. Robert Pagliarini states that 78% of former NFL players go bankrupt in results of financial stress after two years of retirement. Another statement he said was that 60% of former NBA players go broke after five years of retirement. With getting the education you need, you will be able to have the financial education as well as your major or minor degrees. The White House exclaims that out of the 30 fastest growing occupations, more than half require a post secondary education. Having a college degree gives many the financial safety and security, Maslow believes it is necessary to achieve personal happiness and success.
“Faith, family, friends.” Parents, since we were very little did little things to prioritiz...
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... If he had finished college before going pro, it could’ve helped him make a better career decision than dog fighting. People don’t get educated so they can later get set up to fail. People get educated because it’ll help them in the future. It’ll help you keep your commitments and it provides you with the basic skills of life. They get educated because they feel their best at graduation. They love the fact of owning a degree. Imagine, owning a degree, then going pro on your sport, would just be icing on the cake.
Works Cited:
"SN Names the 20 Smartest Athletes in Sports." Sporting News. Web. 19 May 2014.
"Continuing Education - Player Engagement." 2013. 20 May. 2014
"SN names the 20 smartest athletes in sports - Sporting News." 2010. 20 May. 2014
"What Do Americans Value? - ASCD." 2009. 20 May. 2014
"Higher Education | The White House." 2010. 20 May. 2014
Some argue that good enough athletes should enter the professional draft because of financial issues. Others argue that athletes who stay in college have a chance of getting injured before they reach the professional level. College athletes should stay in college for four years before going professional because then they will have developed the essentials to head into the draft. The choice to stay in college to get a degree will help athletes be more prepared in their professional sports careers, establish a career after their professional career, help them transition to adulthood, and produce educated individuals. (or mature individuals with more knowledge)
When College athletes are recruited to college, most of the time they receive a four year scholarship to go to that university. Why not take advantage and use that four year scholarship to major in some profession. This ensures that if something were to happen down the road in the athletes professional career they would have a backup job. This would be the smartest idea because many athletes endure career ending injuries. With no education they have no job to fall back on, resulting in bankruptcy.
through scholarships, these scholarships will help them get money later on in life using their degrees. The podcast by Doug Merril also said "being a college athlete is a choice it defiantly isn't a mandatory thing." Becoming a college athlete is a decision each player has to make the individual player chose to play a particular sport this does not warrant the right for a player to get paid if they want to be paid be good enough to play after college
Dr. Pietro Tonino stated that “College athletes are putting themselves at risk for health problems that could persist long after they graduate.” (sciencedaily.com). The college athletes today risk their health when they step onto the court or field for their college, and get little in return. According to sciencedaly.com, there was a study published in The American Journal of Sports Medicine. Researches at Indiana University organized an analysis of two groups of people. One crowd was made up of middle-aged college graduates who played division one sports. The supplemented group comprised of middle-aged college graduates who did not participate in sports. The study showed they were in much poorer physical condition, and agonized from a number of things including depression, fatigue, and sleep disturbances. The non-athletes portrayed much less signs of wear and tear.
...ws. July 1, 1996: 38+. Sports. Eleanor Goldstein. Vol. 5. Boca Raton: SIRS, 1996. Art. 13.
The only reason some athletes make it to college is due to scholarships for their performance on the field. If they don’t perform well on the field, that scholarship might get cut. This makes practicing the athletes a main priority. However, college athletes have to concentrate on their grades so they don’t drop out of college. These athletes know they may not make it to the pro’s, so they know they have to have a back-up plan.
A handful of athletes will have a chance to turn pro before they have completed their college career. Job-wise there is nothing better than getting paid for doing something that you truly love and enjoy. There is nothing wrong with players doing everything in their power to make them go pro. However it is a decision bound with peril.
Today there are over 450,000 college athletes and the National College Athletics Association (NCAA) faces a difficult decision on whether or not college athletes should be paid. Many people believe that they should and many believe they should not. There are several benefits that college’s athletes receive for being a student athlete. Why should they receive even more benefits than their scholarship and numerous perks?
The debate on whether college athletes should be paid to play is a sensitive controversy, with strong support on both sides. College athletics have been around for a long time and always been worth a good amount of money. This billion dollar industry continues to grow in popularity and net worth, while they continue to see more and more money come in. The student-athletes who they are making the money off of see absolutely none of this income. It is time that the student-athletes start to see some of this income he or she may by helping bring the National Collegiate Athletic Association. There are many people who do not think this is in the best interest of the student-athletes or Universities, but that being said there are also many people who are in favor of the change.
There is currently a major issue in today’s college athletics. Universities and the NCAA make billions of dollars while some student-athletes go hungry. There is a huge debate over whether or not student-athletes should be paid as employees of their respective colleges. Personally, I don’t believe players should receive full-time salaries, but Universities and the NCAA should be required to increase the value of the scholarships that they award to student-athletes. By requiring that colleges provide athletes with an additional $2,000 per semester as part of their scholarship you can greatly increase the well-being (welfare) of the students.
With those statistics, I think it’s safe to say that being a collegiate athlete requires more than a full time job. Trying to keep up with homework and attendance in class poses many challenges especially when the NCAA requires students to miss class for championship games, televised games, or other events that bring in revenue for the school. Instead of focusing on quality education for athletes, the NCAA focuses on violations of amateurism, such as athlete’s receiving financial inducements to play, and neglected the investigation of charges that athletes may be receiving inferior education according to Dean Purdy of Bowling Green State University in his article “Are athletes also
The schools and the league are not the only ones hurt, by leaving school early hoping to make the big bucks the players hurt themselves. In the world that we live in today, if you do not have a college degree, opportunities are limited. Look at the statistics, 60 players are drafted each year, and there are only 360 roster spots in the entire NBA. The chances that each player drafted will make the team is almost an impossibility. Some people go back to school and try to finish their degrees, but most do not because once you give up your eligibility, you cannot get it back, which means most of them cannot afford to go back to school.
...has a dream to play in the NFL because it offers a lot of money, but doesn't secure solid safe career. The players who do well in high school usually get more recognition for sports and for their academic work because having high effort for both. I think as a “real student athlete" you will get greater results of being successful in college or after life of school.
Riper, Tom V. "America's Most Overpaid Athlete." Information for the World's Business Leaders. Forbes, 05 July 2008. Web. 01 Sept. 2011.
Wake up in the morning, every morning, before the sun has risen. Hit the gym at five in the morning, before long, head to school, and finally precede back to working out and practicing. This is the exhausting day-to-day life of the majority of college athletes. Athletes that spend countless hours working with the result that they can be the best they can possibly be. At their best they make their school millions and millions of dollars and the maximum they can receive out of it, is a free education. College athletes should receive a stipend to play their sport. There is not much of a difference between keeping a college scholarship and keeping a job in a professional sports team, they bring millions of dollars to their school each year, and