The Athletes And Professional Athletes

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.

Typically, in today’s society of the sport of football, the NFL is quite the interesting sport. I still love the sport of football, but most people refer to the NFL as a business instead of a sport because that’s what it is. People like to think of the NFL, or professional sports as a dreamed privileged job to have, because your day consists of playing the sport you grew up possibly wanting to play forever or love, but now a days people want everything that the sports has to offer, such as the money, cars, clothes, woman, etc. they want all of these except, the responsibility of managing the Ten, and hundred thousand, or millions of dollars that they are being paid. According to CBS news, “Studies have shown that a high percentage of NFL players

These players are simply too immature to understand to concept of properly investing their money and financial planning. They honestly believe that the money will continue to poor into their bank account. They do not realize that once their playing days are over their income becomes zero. It comes back to a problem that many young people have where they are just thinking about the here and now and not what is going to happen five to ten years from now. This is a problem for many young people and their spending habits why should a professional athlete be any different.

Sport Agents help collegiate athletes transition to amateur athletes. On behalf of the Professional Athletes’ Association, agents can only be considered certified if they are approved through them. The association must agree on each agent. As a part of guidelines to become a Sports Agent some things may include having a background check and agreeing to all the rules of the association. HR professionals are increasingly performing background screenings on job applicants and employees for information on criminal records, résumé falsehoods, drug use, and other data (HR Focus, 2007). Some professional leagues such as the NBA or NFL have certain rules when it comes to managing athletes’ funds. Special to the American Banker notes, “The agents, who often get power of attorney over their client's finances, take an estimated 3% to 5% of their players' salaries in financial management fees” (pg.1).

College sports can determine a person’s lifestyle. Determines whether or not they can go pro or get a job. Paying athletes can give them a better sense of money. They can learn how to save their money up, learn how to spend it correctly, and a great sense of financial awareness. The problem is that many

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

The National Football League (NFL) or as some people may say, “Not for long” is responsible for some of the greatest athletes. Excellence appears to be their one goal, which is to win Super Bowl championships. Some players perform at a high level for a while, whereas others don’t have a chance at experiencing actual playing time on the field at all. NFL players are less and less likely to have a definitive long-term career in the NFL. On average their career may span for about 3 ½ years (Stradley, 2011). (Workman Pub Co, 2002) The NFL has added several new teams, provided innovative equipment, additional rules, distinctive

Just imagine being 21-year-old making millions of dollars, many athletes can not handle the amount of money that comes their way. These young athletes spend their money on drugs and alcohol. Look at Johnny Manziel a 23-year-old football player. When the money came his way, he became a notorious partier, drugs, alcohol and parties took over his life. His lifestyle caused the Cleveland Browns to release him. Many athletes’ careers are ruined because of their lifestyle; Drugs, alcohol and parties take over their lives. This bad lifestyle all starts off in college where binge drinking, drug use are the norms for an athlete. Many college sports teams and many fraternities and sororities team up and throw wild parties every weekend. “It is reported that up to 70% of college athletes take part in binge drinking and 47% smoke cannabis.” (Verger,2003). Last season the NFL suspended 26 players for abusing the substance abuse policy, of the twenty-six twenty-five were suspended for smoking marijuana. The average age of the players was 24.6 years old. Most players leave college to play in the NFL when they're 20-22 years old. This means that bad lifestyle habits are in fact carrying over into the NFL from college, It is not only from college I would have to worry about the lifestyle, many ex-NFL players are addicted to painkillers and other drugs to cope with the pain from playing. “Up to 70% of players have taken opium or another pain killer without a prescription to deal with the physical pain from playing.” (Strain, 2011) Many players develop a dependence on opioid once their careers are over to cope with the pain. The combination of numerous hits to the body and post career drug use means that the average lifespan of an NFL player is “55 years,”(Maki, 2012) while the average life expectancy in Canada is 81 years. Every hit adds up. To have a long

Despite devoting “forty to sixty hours per week to their sport most of the year, which is more than many full-time jobs, Division I football players aren’t considered employees and lack basic economic rights under the NCAA’s cartel restrictions” (Johnson). The NCAA made “$912.8 million dollars last year and are now poised to top the eye-popping mark of $1 billion in annual revenue” (Clotfelter). These types of figures prove that revisions must be made when it comes to paying student athletes. To be clear, “student athletes do not need salaries or monthly paychecks, even though the NCAA runs just like any other professional sports league” (Johnson). Rather than, they should simply be allowed to live within their means like anyone else in America.

Most athletes come from poverty or a struggling home and the only thing that helps them is playing a sport they love. A report showed that “86% of players living off campus living below the federal poverty line,” (National College Players Association). This is with a “full scholarship” these athletes still live a life where they struggle and don 't have enough money to survive in the real world. The case can be made that if they make it all the way where they become professionals, they can earn a lot of money. However, the percent to play in the National Football League (NFL) is slim, in fact, there is a 1.6% chance for a college football player to go to the NFL (NCAA). With 72,788 players in the NCAA, there are 16,175 eligible players to go to the draft, but only 256 draft spots. With all those numbers there isn 't a great chance to get drafted and make millions of dollars where you can set up your family forever. So, those other 15,919 players who don 't get drafted have no financial security, unless they graduate from college with a degree. However, people

A survey conducted by Five Thirty Eight, a website based polling and statistics company, discovered that high-ranking college quarterbacks are worth approximately $3 million (Karaim, 2014). Many “pay-for-play” proponents argue that high profile players like Johnny Maziel are the reason why the NCAA needs to reform their amateurism policies. Furthermore, advocates insist that current forms of remuneration such as scholarships, stipends, and education, although good, are inadequate in compensating players for their physical contributions (Treadway, 2013). Another concern of advocates is whether current NCAA guidelines provide players with the income needed to cover basic necessities like food, clothing, transportation, and other expenses associated with the cost of attendance (Karaim, 2014). In

Many college athletes have trouble with their money throughout their college lives. One of the main reasons that colleges don’t want to pay their athletes is because they think that they won’t use the money efficiently. “The debate over paying college athletes ignores the fact that they are already paid. The real question is, should they be paid more?” (Sack).

Whether it be baseball, football, soccer, or basketball, sports are appreciated not only in America, but all over the world. One of these sports that is particularly popular in America is Football. The immense crowds of people who sit at a stadium or on the couch to watch a game never fail to recognize every single play on the field; however, many fans pay little to no attention to one of the most important components of the game, the player-association relationship. When signing a contract with an NFL team an NFL player is effectively dedicating his life to his new organization. His duty is to play for his team in order to make the organization money, and money they make. In the NFL last year “each team received $226.4 million” (Brady 1).

College athletes are finally getting attention on the fact that they are not paid. I believe that whether or not it is college or pro sports they deserve a salary. These players put their heart and soul on the field and get nothing in return. In the articles “Athletes New Day” by Paul Marx and “College Athletes Should Not Be Paid” by Warren Hartenstine, the reasons for college athletes to be paid are very evident. No matter the case, if the students move on to pro sports or not after college, they should be entitled to some pay for their contributions. College athletes deserve to be compensated for their playtime in these sports, sales of products with their name on it, and even compensation for their injuries.

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.