Why the NCAA Is Racist, Exploitative, and Broken | Money Drama
Welcome back to “Money Drama,” where our host Stock Will guides you through all the ups and downs, twists and turns of last week’s markets. In a fresh episode, our host takes a deep dive into the ongoing controversy regarding the NCAA’s treatment of college athletes. The Supreme Court is currently deliberating on NCAA v. Alston, a landmark case that could forever change the business of sports and higher education. A quick primer: The NCAA prevents student athletes from receiving financial compensation or benefits outside of scholarships because it wants to “protect a tradition of amateurism in college sports.” But both former and current athletes say this isn’t enough, and they should be eligible to receive unlimited benefits (as long as they’re tied to education). This could include school equipment like laptops and textbooks, or even funding for study abroad or post-graduation internships. The NCAA disagrees, and thinks changing its rules about compensation would make college sports more like a professional league. That said, if the NCAA is making billions of dollars thanks to college players, shouldn’t the actual athletes be entitled to something more than a scholarship? The issue has heated up so much that there’s now a hashtag #NotNCAAProperty trending on Twitter in support of the student athletes who feel exploited by the institution. Here, Stock Will highlights some of the most striking responses to the ongoing conflict, and explains if the takes are straight-up BULLSHIT or if they’re right on the money. The Supreme Court won’t make a decision for a couple months, but our host has some thoughts in the meantime… Want to see more content from Will as he starts his epic investment journey? Follow him on socials: TikTok: @webainvestments Instagram: @stockwill For more from Bullish, follow us: twitter.com/bullishstudios https://www.instagram.com/bullish.studio/ Bullish is a conversation about money for the curious. Earn more, spend smarter and grow your money in a way that's right for you.