The NCAA is swimming in the money despite recent controversies ranging from colleges catching heat for corruption and scandals involving its star players. A new report claims the organization has hit $1 billion in annual revenue.
According to reports, the college organization easily made over a billi last year based on a newly released financial statement.
NCAA has since gone to social media to deflect from the negative press and tell followers money goes toward student athletes.
In late February, NBA icon LeBron James publicly called the NCAA a scandalous business.
Former NBA and college basketball star Jalen Rose recently made headlines after suggesting NCAA players should boycott the upcoming March Madness tournament.
Last month, Detroit Pistons coach Stan Van Gundy called out the NCAA over multiple publicized corrupt money-grubbing scandals.