Salary Cap Vs Football Research Paper

Forbes says “If payment begins and there is no cap, the bidding war among colleges for some players will be hard to control. Are people ready for the few colleges with the financial resources (which would be ten to twenty schools) getting virtually all the best football and basket players? (Forbes) With pay to the coming to the student the want and drive to play in the NFL. There would not be any incentive to play in the professional league, when they are making good money in the college level. College is an amateur sport and should be treated that that way and not glorify the students athletes.

The Economics of the NFL BY: TY TAYLOR While growing up in the state of Texas I was introduced to National Football League (NFL) at a very young age. Not only was I obsessed with great players like Emmitt Smith and Michael Irving, I had a more finical appreciation for the lucrativeness associated with the NFL. My young adulthood as well as my teenage years was spent playing and learning football with the aspirations of hopefully making it to the NFL. Unfortunately, my playing days ended with tryouts at Texas Tech University, but my love for the game has remained stagnant over the years even till this day. The NFL today is Americas most watched sports league and has taken the crown as the most lucrative and unique economic force in sports. Forbes offered approximations stating that on average, the NFL generates more than $6-9 billion a year in revenues alone. A third of the individual franchises in the league were appraised at over more than $1 billion while the other franchises average nine figures or higher. The NFL as an organization generates its revenues through a multitude of ways ranging from huge television contracts, in-stadium ticket sales, advertising ads paid for by sponsors and merchandise. Their business model unlike most other leagues, is centered on a hard salary cap on player contracts which provides cost certainty with its sponsors. In this paper, I will examine the economic and historical narrative associated with the growth of the NFL’s

Salary caps are a very important tool used in professional sports. All 4 major professional sports leagues in the United States have a salary cap installed into their collective bargaining agreement between the league and its players. Those four major sports are, the NFL, the NBA, the MLB and the NHL. A salary cap is defined as s an agreement or rule that places a limit on the amount of money that a team can spend on players' salaries. It can be as a per-player limit or a total limit for the team's roster. It is basically put in place to help the small market teams stay competitive. It is meant so the wealthy teams, also called big market teams, does not always stay dominant by signing the best players to very big contracts. Salary caps are

Salary Cap will also affect motivation of the players if they do not get what satisfy them. They will be majorly playing towards maximizing their wealth rather than wining and keeping the spirit of the game alive.

Executive Summary: 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?

Having salary caps does not mean that the athlete would be getting paid less. Athletes are being paid around 15 million dollars. If there salary would go down to 10 million, it would not be a big problem for the athlete. Being paid 5 million dollars less as a professional athlete, is not a big problem because then they have the opportunity to keep playing make more. It would be saving the team money if they had the salary cap. If the athlete is sponsored, he or she would receive free items from that company and would not need to pay for it. The N.B.A. wants to slash player incomes by at least $750 million annually which could trigger a lockout next summer. Athletes would still get paid at least millions of dollars to play a game they love. Even if the N.B.A wanted to slash player’s income, it should not matter to the athletes because they still get millions of dollars.

Let’s look at it this way, Professional athletes have worked their entire life for everything they now have. Salary caps are not a problem in sports, this has been a very heated debate throughout every year in sports. There 's new free agents every single year, with some of the potential who deserve more than 300 million dollars over the next 10 years. Then there’s some who don’t even come close to making 1 million on a one year deal. Many people sit here and could fire rapid shots on why salary caps should be established in sports. While others believe that this could stop some people of what they should be making. Thats besides the point, I 100% believe that salary caps should be abolished in pro sports. I have some great

Pro Salary Cap According to Dan Oleary, “Since baseball is the only major sport without a salary cap, and with the way baseball’s big-spending teams throw around money, having a different winner each year seems to defy logic” (OLeary). A salary cap is issued in every professional sport’s franchise, excluding Major League Baseball. With no salary cap, one club can dominate it’s competition on money alone. The New York Yankees spend the most money on it’s players each year (Goldman). It is no coincidence that they have won the most World Series of any other club in baseball history (Wikipedia-World Series). Not only have they won the most world championships, but they are a consistent contender for the American League title year after

All football players get hurt. Also, it makes it hard to pay for it. Football players need money. They need a lot of money.

The second and largest aspect of the White Settlement involves the salary cap. The cap represents a specific amount of money which can be spent on player salaries will be a defined percentage of the defined gross revenues (Mavris). This will create competitive balance across the league because it will

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

For most NFL players, their salary is their biggest form of compensation. As part of the collective bargaining agreement, the NFLPA implements something called a salary cap. A salary cap is a limit on how much a team can spend on a particular player’s salary or on a team’s entire salary. Salary, according to the agreement, is money, property, investments, loans, and anything else of value to an NFL player (both rookies, veterans, and players with terminated contracts) but not including benefits (CBA). It also can cover any payments made by third parties or club affiliates even if the money is for non-football services

As the textbook stated, labor unions in the sports industry operate much as other unions do. They concentrated on increasing the salary, benefits and working conditions of all players and not only individual contracts (Carrell & Heavrin, 2010, p.86). I believe players already make too much money and yet, I have read about so many strikes and lockouts from almost every sport, and the main reason for the fight is money. The topic of this discussion post asks if the benefits for players are out of proportion to the work they do. I do believe benefits for players are ridiculous for several reasons. First, they are already make tens of millions of dollars. While I can understand they put their bodies on the line to entertain people, I do not think

Boom! Smash! The whistle blows and everybody rolls off the ball. Everybody except one man who lay motionless on the field. He is rushed to the hospital and treated for his 3rd concussion. Walking out the door he is given a bill for 30,000 dollars. With a low salary, he wouldn't be able to pay it off. Seeing the salaries of sports players can be astonishing to many. However, seeing the many costs a player has to make, makes their salary reasonable.

Every day we read that a football star has signed a contract worth millions of pounds, or that a superstar earned a fortune for a movie. This money is spent on luxury houses and private jets, while people who work just as hard, schoolteachers and nurses for example, get just enough money to pay the bills every month. Top sports and film stars often earn more money than the prime minister or president of a country. How can this be right?