Pencils ready? Begin.

Your GMAT (Graduate Management Admission Test) question of the day is this:

College Board members strongly claimed that college athletes will never be paid for a salary to play for their schools. College athletes are easily awarded a scholarship worth $15,000 – $25,000 or more per year, plus a career after college that can be worth a million dollars over a lifetime. Additionally, the athletes receive all kinds of perks while they are in college, like staying at fancy hotels and being seen on national TV. It’s hard to put a price tag on all of that.

Which of the following, if true, most severely weakens the argument presented above?

A. It is very difficult to put a numeric value on exactly how much an athlete is worth to a college.
B. Certain college sports generate millions of dollars for college athletic programs. It’s estimated that the university gains $70,000 per year in revenue per scholarship player. The actual number should actually be higher.
C. All those millions of dollars from TV contracts and ticket sales only help athletic departments balance their bottom line.
D. The NCAA doesn’t allow the universities to sell a college football jersey with a player’s name on it, but they will sell the jersey with the player’s number on it.
E. Amateurism means that one plays strictly for the enjoyment of the sport, not the remuneration.

Surprisingly, “School presidents and Mark Emmert are a pack of greedy swine” isn’t listed as one of the answers.

The correct answer to the question is here.

16 Comments

Filed under The NCAA

16 responses to “Pencils ready? Begin.

  1. For me, the answer is E (although there should be an all of the above). Let’s drop the pretense that these are NFPs offering educational opportunities in exchange for a higher education, and the players are just college students that play for the love of the game. Let the free market work, and the players be compensated for their market value … And everyone pays their taxes.

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    • Biggus Rickus

      I’d actually prefer the radically opposite course, drop athletic scholarships and field teams with students who can get into your school. But there’s no money in that, so it’ll never happen.

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      • Derek

        I agree with the answer but I don’t agree that there’s no money in it. While it’s plausible that the have nots scoop up the guys who can’t read but aren’t worth an early NFL investment, the current haves don’t have to face the Troy states and Jacksonville states of the world to fill out a schedule if they don’t want to. If the current major conferences plus ND instituted a rule requiring colleges only play with members of their student body AND that they were only going to play each other I just don’t see the fans all of sudden deciding that they don’t care how their team does. But for the issue of ensuring compliance, which is never easy, I think most fans would be very pleased with the change. I just don’t buy the idea that we couldn’t field a team of students who, if they practiced and applied themselves, couldn’t offer watchable football especially since it would be played against their peers. Hell, I’m still watching my team this year and the offense is completely unwatchable. You give me the choice between semi-illiterate, so-called “student athletes” who are in it to prep for the NFL and 85 guys who are just playing for UGA and I’ll take the latter.

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      • Napoleon BonerFart

        Division III and your local high school welcomes your support. Season tickets are cheap.

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      • BR, in a perfect world, I agree with you, but that’s not going to happen. 😉

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      • lakedawg

        Not sure I would spend 7 or 8 grand a year to see that.

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        • Derek

          I didn’t pay that much but I was in school in 1989 and 1990 and went to all the home games and there’s no way we were any worse than we’d be in this scenario. Moreover, I can’t see talent/interest correlation. I mean how many UGA fans don’t give a damn what the Falcons do? Is it really better football because the Falcons have better players?

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  2. charlottedawg

    Senator, everyone who’s anyone knows that the gmat is taken on a computer therefore no pencil would be utilized for a logic question. 😉

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  3. @gatriguy

    Pigs get fat and hogs get slaughtered. A lesson the NCAA, the conferences, and the university presidents never bothered to learn.

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  4. Chi-town Dawg

    I was told there’d be no math involved when reading this blog.

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    • Bulldog Joe

      That’s OK.

      The NCAA doesn’t want you to figure out what a million dollar lifetime nets out to annually, anyway.

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  5. watcher16

    B!! I got it right!

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  6. simpl_matter

    34% of responders answered that wrong!?! Wowzers, that’s scary.

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    • Sh3rl0ck

      I am surprised at your surprise. I would also like to point out that this is for GMAT prep. If you proposed the question to the general population, about 34% would get it right.

      Like