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NCAA's Justification for Not Paying Student Athletes Sure Sounds Racist

But there’s one group that doesn’t rake in the cash from March Madness or other college athletics: the student athletes who actually play the games that generate those billions of dollars. NCAA eligibility rules prohibit student athletes from being paid.

It’s one of the most gripping rites of spring. The switch to daylight saving time? Nope. The onset of seasonal allergies? Nah.

We’re talking March Madness, the NCAA’s college basketball tournament. It’s a glorious couple of weeks during which almost everyone – except maybe your great aunt – becomes an expert on college basketball. Across the country, millions of people will participate in March Madness office pools, filling out brackets and laying down cash. And according to outplacement and executive coaching firm Challenger, Gray & Christmas, Inc., employees’ monitoring of their bracket’s progress will contribute to an estimated $2.3 billion in lost productivity during the tournament.

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