How much money does the average person really need to be able to eat three times a day, have a roof over their head, send their children to school and have a car? All this could be done on an income between $30,000 and $40,000 easily. But somehow it was decided that people who labour harder than most, city workers, janitors and factory workers, would be paid less than someone who sits behind a desk all day or someone who plays a game for a living. Today athletes are the highest paid people in the country, with the exception of Donald Trump and his toupee. It is ridiculous to believe that someone is really worth hundreds of millions of dollars, and all they have to do is play a sport that millions of people would play for free if given the …show more content…
Lastly, athletes provide the commodity which allows its industry’s market to operate so, due to the basic laws of supply and demand, the more we demand, the higher the price (Bate 2008).
To begin with, professional athletes are overpaid because of their intense personal greed (Sherman 2009). In 1980s a professional athlete started to be a one-man business centre by hiring personal help such as sports agent, attorney, financial adviser, physician, trainer, bodyguards, gofer and others (Sherman 2009). To cover the expenses for all his personal crews, an athlete needs a large amount of money. The needs to satisfy his or her satisfactions are why professional athletes demand for higher pay not the efforts they need to give the fans an energetic performance. Today, Sherman says that top pro athletes are not just overpaid; each gets an obscenely high salary annually of tens of millions that could run the budget of a mid-sized city (2009). We can easily read about an athlete’s pay through the newspapers or magazines or on internet. For instance, world most famous professional golf player, Tiger Woods made nearly $23 million on the golf course and brought in a whopping $105 million in endorsements giving him a total of $127,902,706 and the first rank for the five consecutive years as richest athlete. On top of that, when young athletes who are not equipped with enough mental preparation on handling such a great amount of money, can lead them to
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.
Professional athletes in the United States are given extremely substantial contracts and lucrative endorsement deals and it has been argued that their salaries should be reduced to smaller wages but others say they are paid accordingly. The argument that athletes are overpaid not only exists in the United States but also all over the world. Most countries however do not have the variety of major sports that the U.S. has. When athletes are being paid millions of dollars each year, it raises an important discussion. This discussion is about how we value and compensate athletes and whether or not their salary is too much. This also leads to an argument asking if American priorities are altered by the significant difference of athletes
The mindset that society thrusts upon most high school athletes can take away from academics and other opportunities they may have for their future. For many high school football athletes, they are primarily focused on one thing throughout their high school years: sports. Evidence 1: In towns such as Odessa in Friday Night Lights, players are swallowed up by the glamour of football and neglect most things not related to football, rather than balance sports with academics. “It was a phenomenon that Trapper had seen dozens of times before, a kid so caught up in it all that there was no room for anything else, another kid for whom nothing in life would ever be so glorious, so fulfilling as playing high school football. Trapper didn’t see the
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.
College athletics is a very diverse organization involving a lot of students, mainly as the players, and non-students such as officials, coaches and others. The leading governing body for college athletics is the National Collegiate Athletic Association, NCAA. College sports is itself a big industry involving sponsorships, TV networks, endorsements, retail products and marketing. But in spite of it being a big business, the players are not compensated for the work they deliver. This opens up two opinions: should players be paid, or should they not? Kristi Dosh’s article, “The Problems With Paying College Athletes”, (UNCLEAR)discusses where the coaches’ money come from to pay student athletes. On the other hand, Mark Cassell’s article, “College Athletes Should Be Able To Negotiate Compensation”, debates how athletes should be able to negotiate their compensation. This paper will evaluate the evidence of both Dosh and Cassell in order to determine which argument is more effective.
The world of sports has grown larger than life over the past century, especially in college. Being a collegiate athlete is, without question, the hardest athletic profession in the world. Not only are students devoted to their sport, which requires an obscene amount of time of preparation, but they are also devoted to their school work. And the award they receive for their hard work? Of course there are the great memories, friendships made, “free education”, or national championships, but are theses students receiving their fair share? Should college athletes be paid? It is a question that has been asked, but never truly answered. College athletes should be paid for their work. I even have the perfect system to see
Many fans throughout the U.S. blame the high priced contracts on the athletes, but they are not the source of the problem. In a sense, the athletes are just getting their piece of the pie. What the athletes make
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
One may think that the athlete itself is actually paid with what the athlete is rewarded within the end. The academic counseling and tutoring directly affects a student athletes’ grades, with better grades come better job opportunities, if the athlete does not go professional. If the athlete does decide to pursue a professional career, they will also receive free professional coaching, strength and fitness training, and support from athletic trainers and physical therapists” while training for a pro-day or combine. This again proves that athletes do not deserve more pay.
The world we live in, our every action is driven by some economics motivation. Every task we perform now has some kind of monetary value attached to it. While some may argue that has made us materialistic, others believe it’s just a way of acknowledging each other’s hard work. A similar trend is seen in sports; athletes and coaches are paid, highly to acknowledge them and show appreciation. However, when it comes to college sports, everyone’s views change and only the coaches are the ones being compensated. Today, I would like to argue against these double standards because, the effort college athletes put towards their sport and the commercialization of college level sports, justifies the notion of monetary compensation for college athletes.
All around the world sports are the topic of discussion, both teams and athletes bring forth millions of viewers to see what a sports team is made up of. College is where a student gets the opportunity to shine. If a college athlete possesses a significant amount of talent they have the potential to become a professional. At a college level, students don’t receive payment; regardless of what level an athlete is on, when an individual has a natural talent the individual should be paid for doing what he is good at. This idea of not paying student athletes needs to change because these student athletes have become involved in a craft and deserve compensation for their involvement. Three key elements that is discussed in this essay will give probable cause for athletes to be compensated. The three factors that are analyzed in this essay is the commitment of time that a player sets into his or her sport, the large debt accumulated while in school, and the amount of money colleges earn through student athletes. All three aspects are valid reasons as to why colleges must start paying their athletes.
Will Smith once said, “Too many people spend money they haven’t earned, to buy things they don’t want, to impress people they don’t like.” There are people in the world that get paid way too much for what they are doing. Professional athletes and actors get paid too much for their jobs. Some professional athletes get paid millions a year for just sitting the bench for half of the season and people that work their hardest in an office space can not even make that in a lifetime. The Miami Marlins signed Giancarlo Stanton for three hundred twenty five million dollars for him to play there for 13 years (Anastasia, 2015). An average American cannot come close to the amount to what a professional athletes.
The relationship between a student-athlete and a college is contractual in nature. In Barile v. University of Virginia an Ohio court clarified that this contractual relationship is particularly applicable if a scholarship or financial aid is involved in the relationship. However, the student-athletes are not in a direct contractual relationship with the NCAA. That contractual relationship exists between the NCAA and its member institutions. Thus, the only contractual relationship former student athletes have with the NCAA is as a third-party beneficiary.
In today’s society many will argue whether or not professional athletes are overpaid. In the present time athletes are being paid phenomenally large amounts of money for their entertainment. It is my claim that all professional athletes are overpaid because they do not offer society an essential function that improves or enhances our world in comparison to other professionals such as medical doctors, lawyers, and teachers. Society does not value entertainment enough to warrant such high salaries such as those of many professional athletes. There is no reason that these athletes should demand these tremendous amounts of money. This is why you have to put into question their reasoning for demanding
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.