Robert J. Romano, JD, LLM, assistant professor of sport administration at St. John’s University, was acknowledged this summertime for having the “Best Paper” by the participants to the 14th annual GBRS seminar in Valencia, Spain and chosen for publication in a future problem of The evaluation of service Journal published by the Peter J. Tobin college of Business.

An abstract of the paper entitled “The value of a division I Men’s Basketball Player: Is the Student-Athlete Scholarship fair value for athletic involvement at the greatest Level?” follows: “On April 22, 2010, the national Collegiate athletic association (NCAA) reached a fourteen-year agreement, worth $10.8 billion Camiseta FC Tokyo (approximately $770 million annually), with CBS and Turner Broadcasting System wherein the two media business got Camiseta Tigres UANL joint broadcasting rights to the NCAA division I Men’s Basketball competition understood as March Madness.  In April of 2016, the NCAA and CBS/Turner prolonged their agreement for an additional eight years, with 2032, while boosting the repayment from CBS/Turner to the NCAA by an additional $8.8 billion, averaging now a lot more than one billion dollars per year. While the NCAA collects its annual billion-dollar broadcasting rights fee, its member institutions, approximately 1,115 colleges and universities found throughout the United States, individually and individually award almost $2.55 billion in division I athletic scholarships.  Of the 1,115 member institutions, 351 support a division I men’s basketball program.  These programs grant over $174.5 million in annual scholarships, with the Camiseta Borussia Dortmund normal division I men’s basketball player receiving, on average, a scholarship valued at approximately $38,250.00 per year. considering that the NCAA receives approximately one billion dollars per year from CBS/Turner solely for the broadcasting rights to March Madness, (this dollar figure does not include ticketing, merchandising and branding, sponsorship, and other profits generators connected with the event), exactly how much and with which indicates does it distribute stated monies to its member institutions?  must the NCAA be accountable for the expense of a division I men’s basketball scholarship and eliminate its member institutions from the monetary burden?  Are the approximately 4,500 young guy who get division I men’s basketball scholarships getting a fair value for their skills to take part at the greatest level of college sports?  If not, what would be a fair value for the student-athlete?”

A customized version of the full article will appear in sports Litigation Alert next month.

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