Professional Sports - NBA Players are Greedy Essay

My first reason I think NBA players should make that much is because kids and families in some places need supplies to live. Families like that should get money that goes to NBA players they should get less and them families should get more so they could live. Them families starve all day and night and get cold because NBA players get all of the money.

It is unbelievable how much sports players get payed to run around for about 3 hours throwing balls and exercising. To start the players that get paid the most are NBA (National Basketball Association) get $5.15 million per year. Next the players that get paid the most are in the MLB. Each year they get an average of $3.2 million. After MLB, NHL players get paid the third most. They average 2.4 million per year. Last but not least the NFL players get paid the 4th most in the whole world. The minimum salary

"Brees Concedes Athletes “probably” Make Too Much money." ProFootballTalk. Web. 25 Jan. 2016.) As a result he gets paid 20% of your team money you are getting paid too much. Like Denver Nuggets forward Kenyon Martin made $13 million this past season. That’s the number his team and agent decided was fair based on what he provides on the court (defensive positioning, rebounding, some scoring and lots of intensity) and in relation to how that impacts his team.(Salaam, Khalid. "Are Professional Athletes Over-Paid or Justly Compensated?" MadameNoire RSS. 2010. Web. 25 Jan. 2016.)If you play not even half of your team's game you shouldn't be able to get paid $13 million a year.

College basketball players be paid. Players put their bodies on the line each time they step onto the court. Athletes have the chance of getting injured bad enough to where they can’t play the rest of their collegiate career. The 2015 NCAA men’s basketball finals was viewed by a ridiculous 27 million people. CBS paid $10.8 billion just for the rights to broadcast the event. The head coaches of the teams in the championship game, Mike Krzyzewski of Duke and Bo Ryan of Wisconsin, made a combined salary of $12,628,032 in that year. Somehow this doesn’t seem right.

     Salary arbitration is another cause of the salary inflation, which on average has resulted in a 100% increase of the average salary in recent years (Chass, 2001, par. 18). In short, salary arbitration occurs when a player and a team renegotiate the contract with a neutral third party officiating. If a player has a good season, and feels that he is getting underpaid, he can file for arbitration. Players win most of these cases, all they have to do is find someone with comparable statistics who is getting

To the people that believe this, I must remind them of Major League Baseball and the situation that they faced just a few years back. First, players' salaries skyrocketed to obscene levels, alienating their average fan. Next, the players couldn't decide how to divide up their millions. Finally, they quit playing the game and their fans quit caring about Major League Baseball. Does any of this sound familiar? This is exactly what's happening in the NBA right now. If it happened to the American Pastime it can, and certainly will, happen to the NBA. Yet people, in spite of the lower ticket prices provided by a hard salary cap, aren't convinced that a hard salary cap is a good idea. They feel that players

In this paper we will examine the history of the salary cap structures in sports focusing mainly on the version that the NFL uses. We will also take a in-depth look at the four different areas that makes up the salary cap (Salary Cap, Active Spending, Dead Money and Cap Space) and impact the cap has had on the players themselves. As well as how it has reshaped the teams and leagues itself to help the NFL to grow into the Multi Billion Dollar sports empire that it was become today. Who would have thought that making the decision to place a limit upon spending and giving everyone the same opportunity for success would have such a profound effect on the growth and popularity of the sport?

Attention material/ Credibility Material: Wouldn't it be great to make 31.3 million dollars a year and an additional 47 million dollars in endorsements simply to play a game? Michael Jordan, along with many other professional athletes thinks so. In the 1996 season, playing 3,106 minutes Michael Jordan made 170,000 dollars a day whether he played or not, equalling out to be 160 dollars a second. Even more unbelievable are Mike Tyson's earnings in his match with

These professional players make a lot of money but need to pay a lot of taxes. In the article, “ The average career earnings of athletes across America's major sports will shock you” states that the NBA players make the most average

NBA teams offer players contracts worth absurd amounts of money hoping that the players will accept their offers and play for them. In addition to these contracts, players often sign endorsement deals worth even more money. Lebron James is currently the top endorsed basketball player and makes thirty million dollars a year from Nike. If players like James make millions of dollars in endorsements, a team does not need to pay the players additional millions of dollars. Compared to other occupations, top NBA players make significantly more money than people who work jobs that are beneficial to the general public. NBA players should be paid less money because their jobs only benefit themselves and their franchise; the players and franchise owners

In conclusion, these athletes are being paid so much money, and it's all so they can play they game they love. Honestly, they should be very happy with getting paid at all for playing, but the young players that come into a game,demand so much money for a great team to get them. Also teams would be very unbalanced, because other teams don't have all the money in the world to be paying crazy price. Plus nobody wants to watch a ton of blow out games, because the teams are so stacked. All these reason show that salary caps is saving managers, and keeping fan happy and watching the

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.

Using tables of teams total revenue from 1996 to 2001, he models teams demand for talent for both types of markets. Demand for talent was defined by the economic term, Marginal Revenue. The results found a significant difference in the revenue between the two markets, Marginal Revenue does differ across market size and large-market teams have a significantly greater Marginal Revenue. In fact, Marginal Revenue for large-market teams was almost fifty percent greater than small-market teams and based on Krautmann’s findings this trend will continue. The findings reveal that a team with a higher demand will acquire more talented players than teams with low demand who will generally stock its roster with cheap versatile players (Krautmann 3270). Since Marginal Revenue is greater for large-market teams who in return will have a substantial need for better players, they will actually spend more on players than a small-market team.

In the 2011 season, Derrick Rose of the Chicago Bulls and the NBA’s reigning Most Valuable Player earned just $5.5 million because of the salary scale restriction in place. His team however earned an estimated $169 million in profit (ESPN). With the NBA signing a new $24 billion deal with Disney and Turner, to start in 2016, the idea of a marquee player getting paid so little should soon be an afterthought in the NBA. Teams are expected to make much more in revenue because of the deals. TV deals of such magnitude would not be possible without the talent and the hard work of the NBA players who fans tune in to watch. NBA players are unacceptably underpaid in the current salary cap system and a players overall value to a franchise is often distorted.

Even though team owners sometimes acknowledge that the subsidies they receive are related to the scarcity of franchises, owners ' demands for public assistance is more often pressured by financial issues that have changed the financial side of professional sports. For example, player salaries have increased rapidly as a result of athletes earning the right to sell their services to the highest bidders (free agency). Normally, these high bids come from teams in the largest markets (New York, Los Angeles, Chicago, etc.). Since the leagues protect the power of teams in these markets are able to refuse the creation of new franchises or the movement of existing teams into their market areas, the owners of these coveted franchises amass large revenue bases and can thus afford the best players. To offset the advantages of large market teams, owners in smaller regions seek public subsidies that will permit them to earn revenues similar to those of the teams in the biggest markets. (Pitts, Statlor 2007)