The National Collegiate Athletic Association or NCAA has aged more than a century since its founding in 1906. Similar to the purpose of this organization today, it was created to protect student-athletes. However, in 1906 the organization came into existence following numerous deaths among college and amateur players. It's obvious that the NCAA was once an organization that truly cared about the athletes involved; the founding fathers even advocated for athletes to use their talents to earn a living during the offseason. Now the NCAA “protects” students from exploitation, deception, or even corruption through Form 08-3a. Every year, thousands of student-athletes across the United States sign NCAA Form 08-3a, which strips them of the right to receive compensation for the use of their name and likeness. Like other students, these athletes devote the majority of their time and effort to their academic courses. However, student-athletes may have up to 20 hours of additional required athletic activities per week. That doesn't include the required team meals, volunteer work and community involvement that coaches force athletes to part with. As a fan of college athletics for years and now a college track and field player, I have seen firsthand how impossible it is to experience college life without financial compensation. The NCAA and the universities involved are a money-making organization that labels student-athletes as amateurs in order to avoid paying these athletes. Say no to plagiarism. Get a Custom Essay on “Why Violent Video Games Should Not Be Banned”?Get an Original EssayThe NCAA is a money-making organization; he makes absurd amounts of money by classifying athletes as amateurs. Over the past five years, the NCAA has generated nearly $1 billion in revenue annually from college athletics. The most financially successful college sports, men's basketball and football, generate astonishing amounts of money. For example, the NCAA basketball tournament, March Madness, generates between $800 million and $900 million in revenue. A college team has the potential to bring in millions for their conference and, in turn, their school. However, players who invest have the possibility of winning nothing. This is not fair to the athletes who are being exploited by the big corporations involved in the NCAA. This does not take into account monetary gains from clothing sales and other licensing agreements. Additionally, the NCAA has entered into licensing deals valued at over four billion dollars. This begs the question: where is all this money going? Universities and coaches thrive on million dollar salaries and endorsement deals while players earn nothing. Salaries for college coaches are even more staggering. Mike Kryzewiski, also known as Coach K, of the Duke Blue Devils basketball team, earns a salary of around nine million dollars per year. In total, the Duke Basketball program generates approximately $33 million per year. This means that Coach K receives more than 27% of the program's entire revenue. How can the coach “earn” so much money while the players, who are struggling to succeed, receive nothing? No, college athletes shouldn't earn million-dollar salaries, but even the smallest bit counts. Why is this controversial? In large companies, corporate CEOs don't even receive such a high percentage of profits..