The day is moving closer when US trainee professional athletes might be making countless dollars for the very first time.
Although US college sports produce huge amounts for their organizations in sponsorships, media rights and ticket sales, professional athletes are not compensated beyond the expense of university presence under rigorous guidelines implemented for years.
But legal success for star professional athletes and state laws entering force next year have in result lowered the existing system.
For a star gamer, the brand-new landscape might suggest earning “more than a million dollars per year”, stated Sam Weber, senior director of business marketing at Opendorse, a social networks analytics platform for professional athletes. According to another research study, leading basketball gamers might produce as much as $6.5 m each year.
The concern now– with the department of more than $8bn in yearly profits from college sport at stake– is not if gamers will generate income, however how.
Last week, Mark Emmert, president of the National Collegiate Athletic Association, stepped up his pleas for federal legislation to govern how professional athletes will capitalise on their name, image and similarity, …