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Intercollegiate amateur athletics in the US have historically prevented student-athletes from receiving
market wages, creating substantial economic rents that are primarily generated by men’s football and
basketball programs. Using financial data from college athletic departments, we estimate rent-sharing
elasticities to measure how rents flow to women’s sports and other men’s sports and lead to increased
spending on athletic facilities and coaches’ salaries. Using player-level data, we find that the rent-sharing
transfers spending away from students who are more likely to be Black and come from poor
neighborhoods towards students more likely to be White and come from higher-income neighborhoods.