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FinCap Friday: Doing Well Due to NIL Flashcards | StudBud
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FinCap Friday: Doing Well Due to NIL
FinCap Friday: Doing Well Due to NIL
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1
What is the role of the NCAA?
To regulate and control K-12 sports
To regulate and control professional sports
To regulate and control community owned sports teams
To regulate and control collegiate sports
2
True or False: Kareem Abdul-Jabbar, former pro basketballer has supported idea of paying college athletes for years.
TRUE
FALSE
3
About 78% of pro athletes go broke after just 3 years of retirement because of all the following reasons, except:
They often receive strong financial education
They often lack financial knowledge
They often fail to plan for the long term
They often overspend
4
The NCAA scholarship requires that student athletes take core classes like:
Visual Arts, Math & History
Psychology, Algebra & Foreign Language
Personal Finance, English Language Arts & Math
Math, Science & English Language Arts
5
Between July 2021 and July 2022, how much money did college athletes collect from NIL payments?
$917 million
$91 million
$1.9 million
$19 million
