Did you know the NCAA has an earnings limit - a salary cap essentially - of about $2000 per year for student athletes on scholarship? That means, even if they want to get a part time job to pay for their car insurance or send a few bucks back to mom at home, they are severely limited financially. Exceeding the $2000 cap means their scholarship -- which is worth much more -- can be at risk.This article was originally published in blog:
Interesting article on salary cap limit placed on scholarship student/athletes regarding how much outside employment they are allowed.
Duke coach Mike Krzyzewski challenges NCAA to do something for 'student-athletes'
While the NCAA, and the universities can make as much money as they wish, athletes are limited:
I would imagine the intent of the ruling was to prevent USC-type infractions where an athlete is given a "job" by a school supporter and then paid or overpaid handsomely, which amounts to a kickback for the athlete attending a particular school.
But oddly enough this limits the average kid who could get paid to work with high schoolers in his particular sport during the summer, or a kid who is trying to help the family back home (and might have worked a part-time job during high school.)
If you think the scholarship money received covers everything and leaves a little in the bank for our student athletes, you might have an inflated idea of how much the student/athletes monthly stipend really is. A $2000 annual cap on additional money is ridiculous for those students who have expenses they are trying to meet. Unless mom and dad bought your car and pay for insurance for example, money is going to be tight, or you'll be on the RTD.
Krzewski wanted to be able to pay his players a nominal fee to speak at his summer camps. A win/win for the student athletes and a positive for most college programs to have active athletes involved.
In California, a group of athletes are "are demanding more from their schools in exchange for the long hours they put in and are poised for perhaps their biggest victory yet."
College athletes on verge of key legislative victory
Many people assume that ALL of an athletes expenses are covered, but they are not. They do receive tuition and books, but for example, must carry their own health insurance (not cheap these days.)
One study estimated that the average scholarship player must still come up with about $2800 annually to cover expenses.
Yet, student/athletes earning is capped at $2000. Doesn't make sense, does it?
It doesn't even matter if the student athletes are trying to help each other out. USC quarterback Matt Leinhart's dad got an apartment for Matt and a teammate, Dwayne Jarrett. Matt had to move out of a place he'd had previously because of too much fan interaction there. Each student athlete (Matt and Dwayne) paid about $650 per month out of their respective $1200 monthly stipend (which also covers food and other miscellaneous but necessary expenses) while the dad made up the difference. (Try to imagine what a nice place costs in LA, near the USC campus. In this case, the apartment was $3866 per month.)
So the option would have been for Leinart - who apparently can afford a nice place - to live under his dad's support, but Jarrett has to live "within his means" and find a place that costs much less than the average apartment in LA -- at least in a somewhat safe neighborhood near the USC campus.
But he's not allowed to work during the summer so he can afford something better.
Student-athletes at work: NCAA work rule will be 'difficult to monitor.' - National Collegiate Athletic Association
-- more to come --