Are Professional Athletes Overpaid? I grew up watching professional sports. I always wanted to grow up to be just like them and secretly, still do. However, growing up, I was never really aware of the ridiculous amounts of money that the athletes earned and in the past few years I have been hearing many people complaining about how much the athletes make. According to my survey, 30 percent of people surveyed believe that athletes are overpaid. Honestly, I expected it to be more than that since I hear so much about the salaries of the athletes. I, myself, have always believed that professional athletes are not overpaid so I wanted to do research and be able to have more reasoning behind my opinion. I also would like to makes it so that …show more content…
According to Shanahan, “professional sports are the 11th most lucrative business in the entire world.” Professional sports are a multi-billion dollar business and the athletes are the businessmen who receive the money.
Now if the players don't get the money, who will? The owners. A lot less people whine that they are making too much money. Some people complain that instead of making all this money that they should reduce ticket prices. Well if you ran a business and you could sell a product for 20 dollars compared to 10 dollars what would you do? I think most of you would probably charge what the market would bear. What I don't understand is that many of the same people who complain that athletes make too much money are those trying to get more money for either themselves or the working class. If an average Joe has the right to make as much money as possible how come the same can't be said for athletes? I realize that 30 thousand dollars is quite different than 30 million dollars, but the principle is still the same. Everybody should be paid what they are worth. Professional sports just happen to be very big business in America and it makes lots of money. How can you deny a man his money which he rightfully deserves? I mean a star athlete, more than any other employee, has a direct impact on the revenue of his company. If he plays well; fans come to see games, fans buy more merchandise, and so on. If you do not want an athlete to make so much money,
Are professional athletes overpaid? This topic has been argued for some time now. It is said that pro athletes are paid way too much money for playing a sport. On the other side, there are the ones that say that the money is fairly deserved because of their hard work to get to where they are. Should pro athletes ' salaries drop or stay as is? Do the top athletes deserve their pay?
In my opinion, athletes are way overpaid for their career. To begin, athletes have more money than they know what to do with. For example, Derrick Coleman, a basketball player for the nets, filed for chapter 7 bankruptcy after having taken loans from numerous sources throughout Detroit. Because pro athletes like him have so much money, they choose to use it in an amiss way. Athletes can act in a very inane manner with all the money they make each year. Next, we all love to watch athletes, but they aren't achieving or gaining anything important out of all
Do you think professional athletes are overpaid? You might think they earn more than what they are worth for playing half a year, but athletes have many things which contribute to their salary. Some of these things include their earnings from endorsements, ticket sales, performance, merchandise, their social contributions, and TV ratings. Although there are many factors that contribute to their salary, professional athletes may be overpaid because as a society, we contribute to their success. So, in the end, part of the athlete’s salary comes from the people who support the sports in the first place. These are just some of the reasons why athletes are paid so much money.
In thirteen years of golf, Tiger Woods has made over a billion dollars making him the highest paid athlete ever. He has been the highest paid athlete now for five years in a row. We all know that many people in the world watch him play every weekend and admire him, but is the amount of entertainment he provides really worth 128 million dollars a year? Tiger is only one of many professional athletes who are extremely overpaid. “People forget that sports is entertainment,” says Leonard Armato, a sports agent. Although professional athletes provide entertainment for millions of viewers around the world, they are overpaid because the millions of dollars that they make could be distributed more evenly throughout society and go to things of a
Sports are part of the everyday life of many people across the world, and in the United States sports are even more present in its society's life due to the fact that there are four major sports in the country. But should the professional athletes from these sports earn salaries as high as ten or twentieth times more than the national average wage? The answer should be NO. Professional athletes must be well remunerated but can not be overpaid when there are many issues around the world that can be solved with money. At this present age, professional athletes do not play for the love of the sport, and what they really care is what is going to be the amount of money in their contracts. The fans who support their teams have the majority of guilt in the high salaries of these athletes. Any team or franchise of any sport will not be able pay excessive salaries to their players if they do not sell jerseys, tickets, packages trip, accessories related to players, and games package on TV cables. The national government should intervene in the sports federation's policies and set a salary cap that do not diverges from its population reality.
Athletes are overpaid by their couches and businesses just for playing in their team’s games and doing commercials. Even after they retire they still make more money than they work for. They are paid millions every year, Shaqeel Oneel made enough money that he could hire builders to make him a full sized basketball court in his basement. Furthermore, Peyton Manning makes about 700 thousand after he retired. Most athletes don’t know how to handle that much money a pro football player bought a Ferrari even though he didn’t know how to drive. Another pro NFL player spent 30 thousand dollars on earrings. Some pro athletes know how to spend money a few athletes invested their money in companies. Other athletes donated to charities and other organizations. Few athletes do
The NCAA made roughly 11 billion dollars this year alone. The University of Alabama brought in 143.3 million dollars of that revenue from their college athletes. That is more than all of the 30 NHL teams and 25 out of 30 NBA teams make. Most of the money received due to college athletes doesn't even go to the college. Colleges bring in money for their athletic programs every year totaling between 100 thousand dollars and millions of dollars. These college athletes are symbols for the college they are playing for. They bring in revenue through donations from others, tickets, the media, and advertisement
More the ever before, the question "Should college athletes be paid?" is being debated by student-athletes, the NCAA, and the media, as well as non-athletic students. College athletes benefit the school with another income. So shouldn’t they be given something for all their hard work? There is only one answer and that is, college athletes should not get paid because it is the worst form of destruction to educational system. College athletes get large scholarships, isn’t that their payment and incentive to be an athlete? Another daunting question, that few seem to realize comes along with this debate, is “what are the consequences of paying them?” Those in favor of paying athletes fail to see the negative consequences, and think that
Do you think college athletes should receive a salary for playing sports? This topic is very highly debated within the sports world today. As of right now collegiate athletes do not receive any form of cash into their pockets. These athletes have virtually no time to obtain a job and receive money that they need. Collegiate athletes should receive payment, participating in athletics is a job, they bring loads of money into their schools, participating in athletics is time consuming, they must miss a lot of time out of class, athletes do not have the same competitive drive, a scholarship is not always guaranteed to the athletes.
People use the term professional athlete very loosely. When making an argument that professional athletes are overpaid, people must keep in mind that this includes all types of athletes. Not every professional athlete makes money like Kobe Bryant and Floyd Mayweather. Some professional athletes are hardworking individuals like any athlete, and they hardly make a living for being so talented. At least, compared to other highly talented pro athletes. It is unreasonable for some athletes to sign a contract for over thirty million dollars. However, society must think about how much income that player, in particular, generates for their team. That specific athlete, whom everyone is familiar with, will bring fans to watch the games and witness that professional perform. Additionally, there is a likely chance that those people will convince others to spend money on those player’s merchandise. In the end, professional athletes being overpaid will always be debated amongst society. All I ask, in particular, is that people visualize the broader perspective, and that not all professional athletes are millionaires. There are still many professional athletes who work at the same constant pace as any other athlete, yet still struggle to pay the
Many professional athletes make millions of dollars a year. Some people believe that athletes get paid too much money. Others believe that athletes deserve the salary they receive. I myself believe that athletes deserve their salaries because they get their money from the citizens who pay to watch them play, they are entertaining to watch, and they train hard.
Stephen Curry makes $12.11 million in one year. So, the question is “Are athletes overpaid?” Many professional athletes get paid millions of dollars. Some people think that these athletes are overpaid, but professional athletes deserve their extremely high paying salaries. I personally think athletes deserve their unreasonable high paying salaries.
If I could pay someone $25 million a year to get him/her on my team and generate $30 million, why not hire that player? The salary cap for the NFL is $102.5 million per team, and we currently have 32 teams, so we the public are paying 3.28 billion to those teams. Currently America is in a 11 trillion dollar debt, if athletes could get paid $150,000/year then we could save 1 billion dollars a year. The monetary worth of athletes exceeds the value that any one individual is actually worth. League officials should be using salary caps, negotiations, and legal tactics. Athletes' salaries are in increasing problem for the economy of our modern world. Although the sports have their own equal distributions, the overwhelming salaries of the leagues' highest paid players have made the average of salaries higher and higher each year.
Athletes despite what people say can be generous and very responsible with their money. Athletes are also apart of wealthy organizations who are able to pay these athletes a lot
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.