I'm doing a paper about Athlete Salaries, and would like to start a discussion about the topic. It would be great hear your input on the matter. 1. Do you think that athletes get paid too much? If yes, than explain why. 2. Who's fault is it? Where do the owners of these franchises get the money from. LET THE TALKS BEGIN!
I would say athletes do get paid too much. Especially when guys that get offered over 10 mil and want more because they say they can't feed their families with that much...lol. It's nobody's fault. It's just how it is, I guess, can't really explain it.
It's not anybodys fault, but athletes do get paid way too much. These guys get paid 15 million dollars to play a sport. I mean, the MINIMUN is like what, $400,000? Some people dream to make 400,000 dollars a year.
Yes, athletes get paid too much, but if you look at it from the perspective of how big their business is, they are getting ripped off. The owners make how much money off of the players? If the players didn't get paid that much, then the owners who don't do any of the entertaining would get paid more.
<div class="quote_poster">Quoting PauL WaLL:</div><div class="quote_post">I'm doing a paper about Athlete Salaries, and would like to start a discussion about the topic. It would be great hear your input on the matter. 1. Do you think that athletes get paid too much? If yes, than explain why.</div>They get paid what the market will bear. The price for an athlete is the middle ground between the most his agent can squeeze out and the least the organization can get away with paying him. If athletes get paid too much, that means that the negotiators for the organizations are weak negotiators compared to the player's agents. I doubt that is the case, with a couple of exceptions, but for the most part athletes are paid market value. <div class="quote_poster">Quote:</div><div class="quote_post"> 2. Who's fault is it? Where do the owners of these franchises get the money from.</div> Whose fault is what? Is there something "bad" going on? Don't forget these athletes are being paid to perform physically draining work under intense scrutiny, loss of privacy, for a limited window of time (average of about 8 years?), risk of injury, and have to follow in some ways stricter guidelines than many in corporate America. There's nothing "wrong" going on with athlete's salaries. If they are higher than they could be, it's the teams fault for not being smart enough to hire the best negotiators and managers. But they're not that much higher. The #1 rule that defines a person's salary is the simple equation of "How replaceable is that employee?" Steve Nash or Kobe is not an easy employee to replace. At McDonalds however, the guy who flips the burgers is relatively easy to replace. In a movie headlined by Tom Cruise, TOm Cruise himself is a name that generates solid revenues. He also is almost irreplaceable, that's why he gets $20m. It's accepted that if Tom Cruise is in a picture, that will equate to a certain amount of revenues. Most of the money to pay for team franchises comes from one or more high net worth individuals who have made their money elsewhere and buy a stake in the team or buy the team outright. For example, Bruce Ratner owns Nets, he is in real estate, Paul Allen owns the Blazers, he was Microsoft #2 guy, etc. Once they buy the team, they hope to break even from licensing games to TV and radio, licensing deals with NBA apparel, selling tickets obviously (preferably in corporate packages aimed at large companies and law firms and/or season tickets)and food/drink at games, etc.
In the grand scheme of things, yes athletes are overpaid. Athletes make an insane amount of money to entertain us. The NBAPA along with owners and agents, have produced contracts large enough to rival traditional entertainers (actors & musicians.) It's no one's fault really. The fans are the people who pay the player salaries, so unless you want to blame yourself for paying the ticket price or sitting through each sponsored commercial break, then you can't really point the finger.
Its kinda depressing for people to know that what a NBA player makes in one year a person may never get in their entire lifetime.
They have god given talents that we would all kill to have, add in the hard work it takes to make it, and I think they earn what they get. They won the genetic lottery, but they still had to bust their asses to get to the pro level.
i think athletes get payed waaay too much. people who make a diffrence in the world like doctors who help people live and stuff make 6 figures, teachers who help the next generation learning only make 5 figures, jobs that really matter barely make much while people who are just here for entertaining actors athletes musicians make 7 8 and some even make 9 figures. it just a hard concept that people who are here for entertaining make more money than people who make a diffrence every day (i no how the make millions and stuff im not talking about that im just saying it shouldnt be like that)
Can anyone tell me how many professional ahletes there are compared to the normal people. Like 1 out of every 1000. Something like that.
a guess <div class="quote_poster">Quoting PauL WaLL:</div><div class="quote_post">Can anyone tell me how many professional ahletes there are compared to the normal people. Like 1 out of every 1000. Something like that.</div> My guess is there's less than 10,000 professional athletes in America in all sports. this is a total GUESS. NBA - 400 NFL - 1000 Pro baseball - 1500 Tennis - 500 MLS - 400 Nascar - 500 Hockey - 380 X-Sports - 500 Golf - 1000 etc.... 10,000 out of 300,000,000. is about 1 in 30,000?
