NCAA basketball and football players get paid. In addition to the academic scholly, free room, as much food as they can eat, swag, every D-1 football and basketball player now gets a stipend ranging from $2K to $K a year. Wake Forest pays its football and basketball players $3,062 a year. L'ville pays its athletes $5,362.
http://www.dailypress.com/sports/teel-blog/dp-teel-time-acc-cost-of-attendance-post.html. That doesn't even count the summer camp and related relatively easy money opportunities that college players have during the summers.
With the recent example of Doral Moore to the G League, where each player not on an NBA two-way contract gets $7K a month for 7 months, and they are responsible for their own food and lodging expenses. At a minimum, college athletes are paid comparably to G League players, and at most Power V schools where they maximize the non-monetary benefits, college athletes receive more compensation than G League players.