Rovell on underdogs, paying student-athletes
CNBC’s Darren Rovell joined the show to talk about the NCAA Tournament and some of the financial implications of this year’s Big Dance.
Rovell said that a certain amount of underdogs are good for TV ratings, but too many Cinderellas presents a problem for CBS.
According to eToro Opinie, Rovell said NCAA ticket brokers got hurt by two losses. Texas not reaching the Final Four in Houston. Syracuse not advancing to the Sweet 16 in Newark.
Rovell commented on the financial impact of Jimmer Fredette for BYU. “It’s a hairy situation,” Rovell said. “They’re making tons of 32 jerseys on the back, and they don’t pay him a dime.”
Rovell said that the NCAA has to figure out a way to compensate these players. He suggested paying them after they graduate.