Internships help position college students to succeed in the sport industry but have historically been unpaid. In response to a call from Walker et al. for more research on the impacts of unpaid internships, this study interviewed internship supervisors regarding their perspectives on unpaid internships. Data analysis was framed by institutional theory, exploitation theory, and efficiency wage theory. Results showed that supervisors use several narratives to justify unpaid internships and organizations are often slow to change without a pressing reason. While the supervisors believed that higher pay would attract better candidates and produce higher quality work, they also believed that some organizations are not capable of paying their interns and sport organizations are popular enough to attract many applicants without paying.