“Modern-day Slavery”: Shark Tank star Daymond John reveals players make no money in hyped March Madness
Daymond John on March Madness
While many think Match as the business end of the NBA Season, it is also the time when fanatics can see the young faces of modern-day basketball, contesting in the hyped March Madness. However, with majority of the crowd enjoying their time, Shark Tank star Daymond John surely is having a hard-time watching the hoop show and has probably framed a bold take on it.
The 53-year-old business spilled the beans of his beef with March Madness to Charles and Harvey on TMZ Live. John urged that the young players are getting a raw deal in the huge event.
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What was opinionated by Daymond John?
Daymond John said there’s a ton of people making millions, if not billions, off the tourney yet players aren’t seeing much of the pie at all. Moreover, John acknowledged that players do get scholarships and do now have the ability to get paid from NIL deals but he insisted that’s nowhere near enough.
“The players make nothing! Zero off of all that,” John said. “I think this is modern-day slavery and they’re just giving them a little bit of a crumb.”
“These players are bringing in billions of dollars and making absolutely zero,” he said. “It is really, I think, what business model do you know that makes billions of dollars and pays their employees zero?”
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That being said, John ended by saying that at some point the college and NCAA themselves should be the ones putting in the ash in the pockets of their players, at some point.
With many stars breaking out and catching the attention of all hoop fanatics, all eyes will be on which team, being able to break through and win the silverware. Given that teams like Vermont, Houston and Davidson have made solid starts, will we see the favorites rising to the top? Or will there be an underdog to surprise all? Remains to be seen.
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Yakshpat Bhargava
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