The Importance Of Money On Money

In the article “Money: The Real Truth about Money” by Gregg Easterbrook published In Time Magazine (2005), the author compares two different generation’s attitudes towards money, and how it affects their happiness. The author’s standing qualifies him to write and appeal this issue, he’s a contributing editor of The Atlantic and The Washington Monthly, and he also writes the Tuesday Morning Quarterback column for ESPN.com. Easterbrook’s primary audience appears to be middle class Americans however he draws a wider secondary audience’s attention. The author succeeded in convincing his readers through his rhetorical appeals, credible sources and his clever use of language.

But, we could very easily make everything run much smoother with a few small tweaks. First off, they need to stop the hard core advertising. Many of the students and coaches are practically owned by different companies simply because they asked them to advertise. Its clear above that they don’t need the advertising money, so why are they always accepting it? Unless I am remembering it wrong, it is illegal for non professional players to be paid simply for playing a game. Stopping the advertising that is just putting money in the coach, and player’s, pockets would benefit everyone. Another thing they could do, is lower how much the coach is getting. 4 million a year is extremely excessive, will cause large issues in the future, if they aren’t

Professional sports are often perceived as one of the last true bastions of capitalism, where player salaries are constrained only by what the market will bear. Since the 1990’s, however, [professional] sports leagues have grown increasingly concerned over the increase in player salaries, not only in terms of the absolute cost required to field a competitive team, but also in terms of parity, or the extent to which teams in a league are fairly evenly matched (Cushman 1).

With how many sporting events that there are in this country, it is common to see fans that love multiple games. Professional sports are typically favored by most followers, but there is a clear deficiency that hurts the leagues. Professional sports are exhilarating if one is a fan of a playoff team or especially a team that wins championships on a regular basis. While this is great for traditional powerhouses and teams with endless amounts of money, the majority of teams in these leagues serve as punching bags for years or even multiple decades. There is a fine line between these teams and other organizations that struggle just to make financial ends meet. Teams in financial

The lack of attention to absurd athlete contracts needs to change now, because it brings more competition to sports. It helps small market teams to be able to compete with the bigger name teams if there is a cap placed. This will make it more interesting for the rest of the league and its fans. It is shown that price and win percentage do have a correlation. If there was a cap, all teams would have a set range of pricing, and their win percentages would have less spread, making it very competitive and interesting to watch. In sports like soccer, without a cap, the wealthiest teams will have the power to buy the best players from around the world, and thus have the best team. This will lead to a dominance of a few teams in the whole league. With such an emphasis on the amount of money a

This money does not come without an opportunity cost and money that goes into stadiums are being taken is being taken out of vital services that we need like our school system and parks. “the pride that having a sports team in your city brings is much more valuable than thirty libraries” is a completely atrocious statement. The worst part is most common people don’t even realize how much of their tax money is going into these stadiums and thus will not choose their politicians that will defend them on this issue. The government is generally used in terms to describe politicians but in a democracy our government is representation of their citizens. It is our job in the democratic process to be outraged when politicians use our money to benefit the few and to keep them out of office. In Johnstons book he talks to a few capitalists who claim that they did nothing wrong if the rules were set up to be cheated and I agree with them. They are unarguably very unscrupulous but in their mind if they are not going to cheat and make a fortune, then someone else just is. Like many rappers before us said “ don’t hate the player hate the game” and since we have the ability to change the game I think it is up to us to make sure it

Frequently, such background makes an easy excuse to grant them the big payment and freedom to have the life they have never experienced without knowing it is the most enjoyable path to destruction. Let 's take Ronaldinho as example. Just when he reached his peak in career, he began to be disoriented. The bright spotlight, money, admiration, luxury, and elite life were beyond his childhood imagination. Then the downfall began. He was tempted to attend flickering night life, spending money without worry of starving at next day, and other luxuries he couldn 't afford back then in Brazil. And why was he tempted to do so? Because he had money. The money pours into his account like torrential rain, an amount which he has never seen before. Well it tells us, however bad is the background, however pitiful is the past experience; overpaid salary is not an excuse to allow footballer earns such big money.

Sports teams sign players to help them win championships although this often doesn’t happen. So in the end they pay huge amounts of money to bring in someone who still does not get the main goal

According to Pro Football Talk, the Seattle Seahawks football team is tied up in paying nearly 100 million dollars a year to 10 players alone! In the society that we live

The game of football is the most popular game on earth. Many people start to love the game in a young age and throughout the years usually get connected to a specific team. Every fan wants the best for his team, but the problems start when a group of fans think they can manage the club better and use Illegitimate ways to get what they want, or when they decide to use the stage to show their hate for someone. Currently the law dictates that the club should pay for the actions of its fans, I think that this is an irrational law and it should be changed immediately.

Soccer is the most popular sport on the planet. People in every corner of the globe are involved in it. The global sport also has a global transfer market sort of. A major party is still missing. Soccer in the states has grown at a rapid rate. But the change hasn’t altered perception of the league; when it comes to transfers.

But smaller franchises that are less capable of investing in well known international players are now forced to do so just to stay

The Barclays Premier League heavily invest in promoting upcoming matches, local derbies and the overall code. It earns millions of pounds from advertising and promoting it’s brand across several platforms. While I understand that the A-League definitely isn’t at the same level as the Premier League, I believe more needs to be done to further expand the brand.

Most if not all all American professional sports teams are wealthy. Teams with access to a global fanbase, traditionally have more wealth. Their assets are dwarfed by international Football clubs. According to Forbes http://www.forbes.com/sites/kurtbadenhausen/2015/07/15/the-worlds-50-most-valuable-sports-teams-2015/ Real Madrid was the most valuable team in 2015. The club is worth 3.26 billion dollars. Madrid is currently in the same situation as Barcelona. They're currently overshadowed by one player. This dangerous dependency will hurt them long term. On and off the field.

In this article the author is trying to portray money as power in football; this is because he said clubs with more money have more capacity of creating a better team enabling the wealthier team to have more wins and trophies. Most football clubs are trying to make profit out talented players in order to have a good team and to have greater income for the teams’ benefits. Gerrad also takes a look at the teams with higher income if occurs into the “relegation” list but study has proven that team with higher income occur less in the relegation list unlikely clubs with low money power because of its poor performance