You brother IS getting paid. If he is on scholarship, he entered into a contract with the university whereby his athletic participation would be compensated for with tuition, room, board, health care, tutoring. All tax free, I might add.
Not sure where your brother attends, but 5 years at Stanford would cost ~250,000. Again, tax free.
I understand the problem of not being able to transfer his compensation into current cash for spending money... but he is always free to terminate his contract and get a job at McD's.
My brother plays football for a very large university. They are very good and on espn all time. They had a big win this weekend and a couple of hours after the game, my brother called me for money. Now while I don't mind helping my brother, I just think with all the money the schools get from TV, ticket sales, food and donations, why couldn't they give more back to the student athletes. If he gets anything form anyone but me, they investigate, so what are they supposed to do? He gets a small amount from the NCAA, but that's not enough. They should figure something out. Paying for two college students is a pain. Lol
Originally Posted by ladylove12