Final answer:
The college sports business model is considered broken due to issues of exploitation, inequity, and the debate surrounding paying student athletes.
Step-by-step explanation:
The college sports business model is often referred to as being broken because there are several issues and controversies surrounding it. One main concern is the exploitation of student athletes who generate significant revenue for their colleges through their athletic performances, yet do not receive fair compensation for their contributions. Another issue is the inequity within college sports, where some programs have vast resources and advantages, while others struggle to compete.
Furthermore, there is a debate about whether colleges should pay student athletes. Supporters argue that athletes bring in substantial revenue through ticket sales, merchandise, and television deals, and therefore deserve a share of the profits. On the other hand, opponents argue that providing monetary compensation would undermine the principles of amateurism and fairness in college athletics.
Overall, the brokenness of the college sports business model stems from the lack of adequate compensation and support for student athletes, as well as the disparities and ethical concerns within the system.