Today 's professional athletes make ridiculous salaries and are only increasing year after year. Every year we hear how a professional athlete just signed a contract worth a record amount. Then about the same time next year we hear about another athlete is signing a new contract worth even more than the previous high. Professional athletes are making too much money in a society that salaries and wages are typically based on the value of ones work. In today 's society where salaries are determined by an individuals labour put into when providing a good or service. It is expected that individuals that provide goods or services with a high amount of labour involved or increase the standard of living of the society would have the highest …show more content…
It is remarkable how an athlete is paid millions of dollars to appear for a few hours for an advertising campaign, while a surgeon who must perform a life affecting procedure for a few hours is paid a small fraction of what an athlete earns. When considering team sports, it can be linked that higher payroll teams win more games and win more championship. But, there should be a limit or salary cap in all professional team sports. This creates greater competition between teams and more excitement for the fans. If a league did not have a salary cap, only teams that have a history of winning games and championships are able to pay top dollars for the best players. This makes it very difficult for younger teams to succeed, or for new teams to enter the league. A prime example of a professional sport without a salary cap is Major League Baseball. The New York Yankees had the highest payroll in 2007 of $218.3 million, while the World Series champion Boston Red Sox was a distant second at $155.4 million. Not only having the highest payroll, the Yankees had the highest revenue in the majors of $415 million last year. By looking at the other end of the payroll column, one can link the payroll of the team to its success in the league. For example, the Tampa Bay Devil Rays had the lowest payroll in the majors last season of $31.8 million and have had the worst record. In the end, teams spent a record $2.71 billion on players last year and the thirty
“At the same time, a salary cap that was $128 million in 2009 now projects to be just $126.3 million.” Many fingers get pointed to the salary cap when people discuss why the salary is so low. The NFL salary cap is the amount of money a team is granted to pay their players.
Three out of four of the most popular sports in America all have salary caps in their organization. Salary caps are meant to keep the league competitive, control cost and increase overall league revenues. Sports that are seen as more competitive and fun to watch will boost tv ratings which will then lead to higher profits from their sales and advertisement. Without a salary cap, big named teams that are popular and successful will have more money for free agency to stack their team, since they can make the best offers. In the MLB there is not a salary cap, which puts teams like the New York Yankees or the Los Angeles Dodgers that have more money than other teams in an advantage. You can see what teams will be successful in the MLB before the
Professional sports were beginning to be organized in the 1850s. At this point, their salaries, although they were still higher than the average person’s, were not too outrageous. In the 1880s and 90s, baseball players in particular were making on average about $1,750 annually. Even though this was three times the salary of an industrial worker of the time, they were not happy with this amount of money and felt they should be earning more (Baseball n.d.). In the 1970s, the worlds of professional sports took a drastic turn. According to an article by J.L. Carnagie, “Two words described sports in the 1970s: big business. Owners and athletes in major professional team sports knew there was money to be made in their games, and they went
Do athletes really deserve to get paid all this money versus doctors? Many professional athletes get paid millions of dollars. Some people think that these athletes should or shouldn’t get paid all this money. Compare that with the average income for a family, 54,000. Americans who work a full-time job until they’re about 70 years old and still not make that much in a lifetime as athletes. It’s very interesting to study, why should athletes get paid more than firefighters or doctors. There are much more, including the president of the United States.
with a helmet defending a football” (Schrock). David Price, Toronto’s new ace pitcher, signed a contract for 217 million dollars, in the 2015 season (Kennedy). The average salaries of jobs are much less elaborate and troublesome, are considerably lower than what athletes are receiving. A young private entering the army will receive around 34,008 dollars in his first year defending our country, and 150,000 dollars is how much a lawyer working an estimated 66 hours per week, and with 8 years of education will make in one year (“How Many Hours A…”) (Mlynek, Froats). Are these comparisons fair? Athletes have amazing talents. Throwing a pitch one hundred miles per hour, making a shot from halfcourt, and making a pass eighty yards down a football field is impressive, but, is it worth millions of dollars just for entertaining spectators? Outrageous endorsements and sponsor contracts, comparing salary, education, and time, and the idea of sports over lives, are just a few of the numerous reasons why professional athletes are overpaid.
There are various athletes around the world that receives a huge amount of money. Compared to other professions, famous athletes make a lot more than doctors, engineers, scientists and many more. High class athletes make up to sixty three to four hundred million dollars a year compared to high class doctors who are saving lives everyday or soldiers who fight for their countries everyday, putting their lives on the line. Whether it is putting a ball inside a hoop or ball behind the net, athletes should not be getting payed more than other professionals. Putting your life on the line for your country or trying to save someone’s life is much more worthy of a sixty million dollar earning.
Professional athletes get way to overpaid and as a result of the excessive paying, the games are going bankrupt. Regular players are getting at least $4 million dollars a game! Even the players being benched, or are not playing in that game, still get the same amount of money as the players playing. Some athletes that have enough money, are asking for more money around $5 million dollars. Yes, players are used to getting that amount of money, but because of that amount some pro games might be losing their money. Even with the amount of fans and contributors, there isn't enough money to “appetize” the players.
Since they are good players, they should be paid due to their hard work and them striving to be the best. Therefore, it helps the organization out because people begin to buy seats, jerseys and other things that have anything to do with that organization.” So why do pro ballplayers get millions? Because, they're good, they put a lot of people in the seats, they sell a lot of merchandise for the team, and – perhaps most important in today's sports world – they jack up advertising rates. Plus, although many of us had dreams as kids of being ballplayers, very few folks can throw or hit a 90 mph fastball, make a three-pointer with a hand in his face, or rush through a defensive line of 300-pounders. So, big demand and low supply equals major-league salaries for pro players.” (Walden). Walden believes that these pros are hard to come by so they should be paid for what they do. Since they are so unique, organizations will spend anything for these
Despite the fact that one half of the world argue professional athletes are paid an outrageous amount of sums than some of the world’s most important people for example the president ($40,000) professors and doctors, the basic foundation of entertainment are athletes. These hardworking, consistent individuals are talented and do what most of us only dream of. Hence they receive huge amount of sums annually. During 1920’s, early professional sport teams were run on shoestring budgets. This meant players were paid less than $300 a game and were often traded for similar sums. This was due to the lack of endorsement and media support. Now the world of sports has changed, because of the audience and companies, they get paid the right amount.
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 perceived exorbitant pay professional athletes receive is a major concern by most people because all they see are the famous athletes portrayed by media outlets in the heights of their careers. Take for example the football player that is so popular that his personal stock goes higher when his team wins because of his ability. The same player is on television, newspaper, radio, the internet, and so on. Imagine the money he brings for the team owners as well as the community they are based. This athlete carries a direct impact on every one.
Every year hundreds of thousands of people gather in stadiums to waste their time and money and support the waste of money that could go to other causes just to watch professional athletes play in sport. Should professional athletes truthfully be making hundreds of thousands of dollars a year just for being in a professional sport? Athletes need to make less money because this money these people are making can go to a better cause, the athletes are making too much money, and there is no point in professional sports.
Are you aware that as Americans age less and less begin to watch sports. I believe that athletes are paid too much for their occupation. To young children especially Athletes are not a good influence on them. Everyone in the world does not watch sports. A majority of athletes have an unmatched
The humorously large salary awarded to professional athletes is a lucid reminder to many that money is tearing professional sports apart. Each year there are strikes and lockouts because the athletes believe that their pay is not sufficient. “Once they have gotten a whiff of the riches they will do anything to get more, even if it means going somewhere else to play” (Turner). In 2004-2005 the National Hockey League canceled its season due to salary caps for the players (). The National Basketball Association gave away the first two months of the regular season in
Not many people can make continuous slam-dunks and touchdowns, “Athleticism is a gift, just like a sing voice, intelligence, or a sense of humor,” www.theoddesseyonline.com claims. Yet, many professions require a talent and hard work but the employees are paid millions of dollars less than professional athletes due to the fact that their profession is not televised or exaggerated into America’s favorite time-pass. If instead of televising a sports game, we televised our army battling other countries, certainly those soldiers who were televised would earn more money solely because of the exposure of their profession. Similarly, athletes are often injured, but if they are earning thousands of dollars per month, paying medical bills shouldn’t be nearly as much of a burden as it might be to a middle-class