The chart below is the best visual yet that shows just how much money schools are making off their student-athletes and why there has been an upwelling of support in recent years for finding a way to get more money in the hands of the athletes.
Over just the last seven years, revenues have increased 82.1% at Texas, while the cost of the scholarships has risen just 62.7%. And from 2011 to 2012 alone, revenues rose 8.6% while scholarship costs rose just 4.4%.
In addition, 6.4% of revenue went to pay for scholarships in 2005. In 2012 it was just 5.7%. In other words, the athletes are actually receiving less of the pie every year. And at some point, that has to stop…
Data via USAToday.com
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