Professional soccer athletes can make anywhere between starting salary, $30,000, to $1,000,00 per year. With this great amount money it is significant to make sure it is being invested in the proper places. Investing in the wrong places could result in rapidly losing money or becoming bankrupt. Alex Morgan makes $450,000 every season, not including her books or other festivities. It is also important to create a diversified portfolio for my client because investing in one industry could lead her to becoming broke. This essay will explain why my client should invest her money in McDonald’s and Apple’s stocks. One stock I recommend Alex Morgan to invest in is McDonald’s (MCD). MCD is a worldwide company that people visit for affordable fast
Sports stars aren’t getting paid enough each year to play sports because people who don't play are get paid a lot , the best players on each team should be paid the most, and MVP winners should be the most paid on their team. This topic is important because it need to tell the teams that the best players should be paid the most. A solution to this problem is to pay the best players the most. The best should be paid the
“The Overestimation Phenomenon in a Skill-Based Gaming Context: The Case of March Madness Pools,” an article written by Dae Kwak, a research of sports consumer behavior, stated, “Over 100 million people are estimated to take part in NCAA Men’s Basketball Tournament Championship Bracket contest” (Kwak 107). With the popularity that college sports have gained, a subject has been drawn-out: Should college athletes be paid to play sports? It seems that everybody gets compensated except the players playing the game. The NCAA and Athletic Directors need to compensate college athletes who play at their top level, who devote more time practicing than being in a
In the case of Mike Smith, I believe that both Dr. Carter and Dr. Green made correct initial predictions of Mike’s injured area. I became more convinced that Mike’s symptoms were due to damage of both the brain and spinal cord especially after examining his summary of diagnostic testing results. The reason I say the brain is damaged is because, although his speech, counting, memory, and organization of thoughts are not affected, his vision is. Therefore, the section in Mike’s brain that is responsible for vision, the Thalamus, was clearly affected by the accident. Plus, the sensation in his touch and temperature did not disappear completely but they definitely declined. Other than this, I believe the rest of his conditions were due to damage
The Los Angels based American professional soccer team is one of the most popular sport clubs worldwide. The club mainly earns its income from sponsorship, TV and other media rights and commercials. According to the Forbes report, the company is the second in MLS in terms of annual revenue ($44 million) and in franchise value ($240 million). Considering soccer isn’t the most view and played sport in North America, LA Galaxy has done a great job on gaining large market shares in the professional sports industry. In addition to producing marketing and selling unique products (entertainment) to its fans, the club makes a significant profit from other sporting commodities and sporting goods such as jerseys, soccer shoes, and other accessories.
1 Often, in the world of college athletics, it comes down to all or nothing. You either win or lose. For the winning teams at top-notch programs, Alabama in college football and Duke in college basketball, for example, the reward for winning is millions of dollars of revenue. It is because of these programs and other top-notch programs in the premier athletic conferences, that makes the NCAA, the largest collegiate athletic governing body, a billion dollar industry. (Why College Athletes Should Be Paid).
In addition, the sport promoter Jennifer Fontaine claims professional athletes are the sport business. The sport promoter Jennifer Fontaine position provides information that sport industry makes an estimated $435 billion a year, athetes perfect their skills with years of training, workout harder from normal people, yet only a few athletes will make the professionals to earn salaries. Therefore Roberto Hinojosa argument is much weaker because it doesn't address the sport industry financial success. For example, professional athlete elects to play the game for the fans making bone crushing tackles and three point shots.
After watching ESPN’s 30 for 30, Broke, my mind starting pondering this question of why and how so many professional athletes are blowing through the millions they make while playing their specific sport? It is amazing that someone can spend that much money so quickly. What are they buying and who are they buying things for? Where are they spending it? Where do they go wrong? When did this trend start and will it continue in the future? What are the league officials doing in order to prevent this tragedy from happening? These are some of the questions I will try to answer throughout this paper.
When they were in college they never had time to get a job, because they were spending their time doing either school work or practicing/playing the . Also if the athlete is good enough to make it into professionals they will have to manage more money. Tiffany Patterson stated, “One aspect I find lacking in this topic discussion is the ignoring of the very real fact that a lot of athletes are very financially irresponsible.”.
When athletes begin playing on a professional level, they are drafted to a team. Whether it is a large amount or small amount they are signed to a contract. However, some of them use their money unwisely and find themselves in debt. In order to counter this they should be allowed a sum of money while attending school to enable them to be financially aware. Yes, some may argue that scholarships are enough to cover the student’s expenses when in reality it will not be enough to support them all 4 years.
When people typically view professional athletes they see the lavish lifestyle, they see the big contracts, and figure that they must be set up financially for the rest of their life. This is not the case though as becoming a professional athlete is similar to hitting the lottery just genetically. Being an athlete creates a large amount of income early in life, but that income decreases to zero once retirement comes around. The documentary Broke is a compilation of interviews and incidents that occurred which showcase the poor money management done by professional athletes. Whether the athlete played basketball, baseball, football, or was a boxer it did not matter there were multiple instances where an athlete that made millions in
Young athlete’s main goal to attain is to become a professional athlete. Many want to become a professional athlete due to the money, others for the love of the particular sport that they are interested in. There is a downside in becoming a professional athlete, that many young players are not aware of. This downside is that professional athletes’ go broke faster than they are drafted into the leagues. Many professional athletes such as NBA and NFL players go broke due to career duration, overspending, family issues, and lack of financial knowledge.
What is Nick Gibbons’s vision in this case study? How is it similar to or different from the vision of the owners of the paper? Discuss the unique challenges a leader faces when required to implement a vision of his or her superiors.
The passages present a discussion about arguments concerning whether or not professional athletes are overpaid. This is an important debate since professional sports represents a multi-billion-dollar-per-year industry. The two positions argue whether or not professional athletes should be paid the large yearly salaries they are paid. Both viewpoints have valid claims warranting consideration. For example, evidence suggests that people with far more important jobs are paid much less than professional athletes; in contrast, opposing evidence suggests that since professional athletes generally have short careers and must train very hard to build and maintain their skills, the higher salary is justified. While both sides of the issue have valid points, the viewpoint that professional athletes are not overpaid is the best-supported position, the position supported by the preponderance of the evidence cited in the passages. The strongest and best reasons supporting this position are that professional athletes must endure grueling and intensive training, they generally have short careers that often end in injury, and the amount that they are thought to be paid is often inflated. Accordingly, these reasons and opposing viewpoints will be discussed next.
The decision process made was basically to align the position expectations with the skills of the candidates based on the assessment. This will
Gaming has grown to the point where it is a full time job for professional players, where the average salary for a top player ranges between $20,000 to $30,000 a month! These massive salaries couldn’t be possible without the massive sponsorship investments, and a large majority of these investments come from professional basketball and football players, including Shaquille O’Neal and his team “NRG”, Magic Johnson and his “aXiomatic”, Rick Fox and “Echo Fox”, and many more.